Calculator of your freelancer quota for 2024
No more questions. Calculate your self-employment tax for 2024 without any hassle, thanks to our automatic calculator.
Calculate your quota
Your freelance status
Have you been a freelancer before?
Your quota
After the first 12 months:
Please note! This freelance net salary calculator provides only an approximate result. Even if you enter precise data, your actual monthly or annual net salary may differ due to various influencing factors for personalized tax advice explore our accounting services.
The importance of using a calculator for your freelance quota in 2024
About to start freelancing? Calculate your contribution to find out if you can enjoy the reduced rate, for how long and if it is worthwhile for you to start.
If you have been freelancing for a long time but still have questions about the new calculation (something completely understandable!): use this calculator and put an end to uncertainty. Plan your finances better and make a projection from now to 2025.
How to use this freelance quota calculator
It's very easy. Just tell us a little bit about yourself and your experience as a freelancer:
- Indicate if this is your first time registering as a freelancer or if you are already registered.
- Indicate if you are currently enjoying or have enjoyed at some other time the reduced rate in your quota.
- Enter your estimated monthly income and expenses.
And that's it! As if by magic, this calculator will tell you how much you will have to pay per month for your freelance fee.
How is the freelancer quota calculated?
From 2023, the new self-employed fees are calculated based on the monthly net income of each freelancer. A step in the right direction to make the system fairer.
New self-employed quotas 2023 - 2031
The new government reform covers a period of time that extends to 2031. And in addition, the new quotas defined according to each income bracket will be progressively adjusted, at least, until 2025.
Here you have a table with the value of the quota according to the 15 brackets defined by the reform and the savings (or increase) compared to the quota prior to 2023
Reduced table (below the minimum wage)
General table (above the minimum wage)
What is the contribution base and how is it calculated?
You are probably asking yourself: how can I know what my net income is if I don't always earn the same as a freelancer?Through an estimate of the contribution base. Or what amounts to the same thing: an approximate calculation of the net income you receive per month. Here's how to do the math.Calculation of the contribution base:
Two important clarifications:
- Bad news: among your fixed and variable expenses you should not consider the self-employed contribution itself - too bad!
- The expenses that are difficult to justify are an estimate that the government has defined and that you will have to subtract from your contribution base. Its value is 7% for the self-employed.
When you have a clear idea of your contribution base, all you have to do is to look up your bracket in the table above, choose an amount in the table and enter your contribution base.
What other factors affect my freelancer quota?
In addition to your net income, there are other factors that can affect your freelancer quota:
- If it is your first time registering as self-employed, things change a lot. You will be entitled to the flat rate of 86€ per month for the first year. Not bad!
- Depending on the autonomous community in which you are registered, you will have access to the Zero Quota: an initiative for new freelancers to pay nothing.
- There may also be other personal variables that affect your quota, such as gender or degree of disability (among others).
Xolo: your peace of mind
with all the freelance paperwork
Too much information? Don't worry, at Xolo we take care of simplifying everything related to Social Security and saving you the dramas with the paperwork:
Free freelance registration and in less than 24 h. No hassle.
Software for you to manage your invoices, expenses and everything else from your computer.
Expert accountants accompanying you through each process (and explaining what you need).