Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₴ 62500
per

Your estimated
City
free-cash

Edinburgh , United Kingdom
₴26436
₴20705
₴28371
₴26344
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
62 500
income
-
-
-
16 431
pensions
-
-
-
3 611
total
-
-
-
20 042
Employee
21 993
-
54 723
-
income
4 005
-
12 610
-
pensions
1 679
-
4 540
-
health
287
-
846
-
total
5 971
-
17 996
-
Employer
21 993
-
54 723
-
pensions
2 222
-
6 738
-
health
418
-
1 039
-
total
2 640
-
7 777
-
Corporate
37 867
62 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

7 195
11 875
-
-
total
7 195
11 875
-
-
Dividends
30 672
50 625
-
-
withholding
2 301
8 259
-
-
total
2 301
8 259
-
-
Income
62 500
62 500
62 500
62 500
Total tax
18 107
20 134
25 773
20 042
After tax
44 393
42 366
36 727
42 458
Living cost
16 022
16 022
16 022
16 022
Free-cash
28 371
26 344
20 705
26 436

Estimated living cost  is ₴16022 per week

₴10991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

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