Income calculator
Calculate an estimate of your salary
With the income calculator, you can estimate how much salary you will receive after invoicing. Enter the invoiced amount and your tax percentage to see an estimate after the service fee, advance tax withholding, and other deductions.
€
hours
€
%
Notice that if you leave the withholding tax % empty the calculator will use a 60% withholding tax automatically.
You can also choose freely:
- YEL insurance
- Quick Pay
How much money do you take home as a
light entrepreneur?
If you invoice 1,000.00€ from your customer, the total invoicing would be 1240.00€ including 24% VAT.
The gross salary amounts to €1,000.00. From this amount, deductions such as advance tax withholding, the employer’s health insurance contribution, and Kassavirtanen’s 3% service fee are deducted.
In this example, the tax rate is 20%, and the calculation does not take into account any other possible deductions.
Deduction
Calculation
Advance tax withholding 20%
1 000,00 × 0,20
=
200,00 €
Employer's health insurance contribution deduction 1,91%
1 000,00 × 0,0191
=
19,10 €
Kassavirtanen’s service fee 3%
1 000,00 × 0,03
=
30,00 €
Estimate of the salary you take home / Estimated take-home pay
1 000,00 − 200,00 − 19,10 − 30,00
=
750,90 €
The take-home pay in this example is approximately €750.90.