Self-employment receipt calculation
With the self-employed receipt calculator, you can easily calculate gross amount, withholding tax, and VAT. Quickly calculate the withholding tax and VAT amounts to be deducted on your self-employed receipts.
Important
This tool is for information only and produces approximate results based on generally accepted calculation logic. It does not replace professional assessment of a specific case; the final calculation should be made by an authorised professional.
What is a Self-Employment Receipt?
A self-employed receipt is an official document issued by self-employed professionals in exchange for the services they provide. Freelancers such as lawyers, financial advisors, doctors, consultants, or software developers document their income by issuing self-employed receipts in exchange for their services. Thanks to the self-employed receipt calculator, you can easily calculate VAT, withholding tax, and the net amount to be collected based on the gross amount.
How to Calculate the Self-Employed Receipt?
When issuing a self-employment receipt, certain taxes are applied to the service fee. During this calculation, VAT and income tax withholding are generally taken into account.
The basic steps in the self-employment receipt calculation process are:
The service fee is determined
The VAT amount is calculated
Income tax withholding is applied
The net amount to be collected is found
The self-employment receipt calculator automatically performs these operations to quickly display the withholding tax to be deducted and the net amount to be collected.
What Taxes Apply to Self-Employed Invoices?
Two basic types of tax are generally applied to self-employment receipts:
Value Added Tax (VAT)
Withholding Tax
Withholding tax is deducted by the person or institution receiving the service and paid to the tax office. Therefore, when issuing a self-employment receipt, the amount to be collected is calculated by taking into account the gross amount, VAT, and withholding tax deductions.