¿Cómo podemos ayudarte?

📌 Step 1: Determine Your Taxable Income

• Revenue – Total earnings from your freelance work.
• Minus Expenses – Deduct allowable business costs (office supplies, travel, etc.).
• Minus Deductions – Apply eligible tax deductions (e.g., self-employed deduction).

📌 Step 2: Apply the Tax Rates (2024)

• Up to €75,518 → 36.97% tax
• Above €75,518 → 49.50% tax

📌 Step 3: Calculate Your Final Tax Due

• Apply the correct tax rate to each portion of your income.
• Add up the amounts from both brackets.

📌 Stay Updated!
Tax rates change yearly. If in doubt, contact hulp@xolo.io—we're happy to help!

With Xolo, our accountants handle all these calculations for you, ensuring your tax return is accurate and filed on time.