Re:Bulgaria Freelance Taxes: Detailed Breakdown
by lultimouomo on Sunday January 09, 2022 @12:34PM
(#29865426)
> My Freelance taxes/social sec/retirement tax in Italy is on average 76% on a total of 80k eur average gross annual income (98th income percentile).
If you have a profit of 80k and your net income is 19k, you're doing something very wrong. This is not an accurate representation of Italian taxes and social security. A more reasonable net income for that gross is 40k; but you have to take into consideration that with around 24k of the other 40k you are paying a pension (not a very generous one, but still).
If you have a profit of 80k and your net income is 19k, you're doing something very wrong. This is not an accurate representation of Italian taxes and social security. A more reasonable net income for that gross is 40k; but you have to take into consideration that with around 24k of the other 40k you are paying a pension (not a very generous one, but still).