Salary calculator for light entrepreneurs
Want to know how much of the invoicing amount is left in your hands after the service fee, taxes, and other statutory payments? Or are you considering how much you should be invoicing to keep the right number of euros in your hand?
With the help of the light entrepreneur’s salary calculator, you can see at a glance what deductions are going from your salary and you can also use it as an aid to pricing. The simple salary calculator is a quick helper for simple payroll calculations, you can find the full salary calculator on our online service.
What amounts does the calculator deduct from the salary?
Tax card withholding tax, Eezy’s service fee and EezyTurva will always be deducted from your salary payment. If you purchase an additional service, your additional service fee will also be deducted from your salary. If you are subject to the YEL insurance, your employer’s health insurance contribution will also be deducted from your salary, the amount of which you can see on the salary calculator.
The service fee is 2-4 % depending on your invoicing total
The Eezy light entrepreneur calculator clearly shows you what your final salary is made up of and immediately shows the portion of the service fee. Our service fee is 2-4 %, which is determined by your invoicing accumulation: the more you invoice, the lower your service fee will be. Invoicing accumulation is never reset. Registration is free, and you will only start paying for the service once your invoicing total accrues.
You can read more about the service fee on the Price list page.
How do Eezy light entrepreneurs compare with competition?
Light entrepreneurship is becoming more popular year by year, and there are many players in the industry. So how do you choose the best invoicing service just for you? The mere amount of euros deducted from your salary, shown on the salary calculator, does not tell you everything, but it is worth comparing and researching light entrepreneurship services more broadly.
For example, various hidden costs can make one light entrepreneurship service more expensive than another. And best of all, at Eezy, your service fee percentage decreases as your invoicing amount increases.
Salary before the invoice has been paid for an additional fee
A light entrepreneur will certainly sometimes face a situation where it would be good to get the salary into the account as soon as possible. EezyExpress salary is our paid additional service that allows you to receive the salary before your client has paid the invoice to your account – at its earliest on the day of invoicing! The price of the additional service will be charged in addition to the normal service fee and will be calculated from your VAT-free invoicing amount.
Questions about the service fee, light entrepreneur’s salary calculator or other things? Ask!
If anything in our pricing left you wondering, please contact us! We can go through the service price in more detail or try out together how the light entrepreneur’s salary calculator works. Please note that registering as an Eezy light entrepreneur is free and you will only pay for the service once you have work to invoice.
Questions and answers: How does the salary calculator work?
Does the amount include VAT?
Prices are reported differently depending on whether your client is a company or a private individual. If the client is a private person, the price is reported with VAT included. For example, 25,5 % of the price of EUR 100 may consist of VAT if the product or service you are selling is subject to the general 25,5 % VAT rate in Finland. In the case of business clients, the price is reported without VAT. The VAT rate to be charged is stated separately in connection with the price. Always familiarise yourself with the VAT rate and practices of your industry before invoicing clients and pricing your work.
How much of the salary will the light entrepreneur receive?
Eezy’s salary calculator will help you find out what you will be left with after various deductions and taxes. The withholding tax according to the tax card, the Eezy service fee, EezyTurva and the fees for any additional services are deducted from the salary. Please note that the YEL insurance contribution will also be deducted from the gross salary of every light entrepreneur who has YEL insurance.
Full or simple salary calculator?
You can choose between the full and the simple salary calculator depending on your work and your needs. The simple salary calculator will calculate your final salary on the basis of the invoice amount and the tax rate. The more detailed full salary calculator takes into account, for example, YEL contributions and other expenses deducted from pay, such as travel expenses. You can find the full salary calculator on our online service.
How should I price my work?
Pricing one’s own work is one of the important skills of a light entrepreneur. The salary calculator will also help you with this by telling you how much of the invoice amount you will receive as salary. By setting the price of your work at a suitable level, you will not sell your skills and time too cheaply, nor will you overcharge your clients, as too high a price can deter potential clients. It is also important to consider charging hourly rates or piece rates. The full salary calculator for light entrepreneurs also allows you to choose between these two options. The full salary calculator helps you to take various expenses and fees into account. This will help you ensure that you will receive fair salary from the amount you have invoiced.
What is a light entrepreneur’s withholding tax?
Withholding tax refers to the tax deducted from the gross salary and paid to the Tax Administration. Your invoicing service provider will handle the payment in question on the basis of the wages and trade income paid to you. The withholding tax is determined according to the light entrepreneur’s tax card.
