3 ms·
Yep, in Austria taxes and insurance are approaching and even exceeding 50% of your income when you cross €100k per year.
by manmal 14y ago
Yep, in Austria taxes and insurance are approaching and even exceeding 50% of your income when you cross €100k per year.
- markhendriks 14y agoI live in the Netherlands where we too have a high tax rate. If you make an average income, 1.5x would suffice. Anything above that, 1.5x falls short. The reality is that the vast majority of freelancers stay well below 100k per year. I've adjusted the calculation to 2x to account for higher incomes and to be on the "safe" side. Thanks for your feedback!