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As a contractor/freelancer one could earn €70 an hour if you’re decent. Earning over €100K a year can be achieved this way. Our rates are up to €100 an hour. T
by tobyhinloopen 6y ago
As a contractor/freelancer one could earn €70 an hour if you’re decent. Earning over €100K a year can be achieved this way.
Our rates are up to €100 an hour. The minimum rate we’re currently working at is 60
- mclightning 6y agoexcept most of it goes to tax, when you want to transfer money from your company account to personal. In case of Sweden, minimum %54 to pay salary to yourself from your contract/freelancing company. Then you pay %25 VAT when you buy anything. As an individual, you would pay a hefty %76 marginal tax in Sweden from that base earning. That also explains why salaries are lower. Because there are hidden costs to employer.
- ptr 6y ago54% is maximum and if you have your own company you can optimize that. 76% marginal tax is incorrect. 25% VAT isn’t added on everything. Freelancing in Sweden is definitely a path for becoming wealthy.
- mclightning 6y agoI am including employment tax in that %54 figure, which is a cost as well. So %31 + %33, ends up being roughly %54-53 on the total. Then add VAT. I am running my own company, freelancing successfully for 2 years now. So I know these numbers from experience. Yes, you can optimize the %33 out of the %54. %33 is minimum you can get, up to 42K sek salary.