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Tax deductions

Freelancer tax deductions calculator

Turn on your deductible expenses and see how much you cut from your income tax and how much VAT you recover. We apply the real tax rules and caps for each category.

Your estimated savings

We add up what you cut from income tax and the VAT you recover to estimate your yearly tax savings.

Start deducting with Finlai

Deductible for income tax

€7,402

Reduces your net income.

Deductible input VAT

€381

You recover it in your VAT returns.

Estimated tax saving

€2,602

Income tax saved (deductible × marginal rate) + deductible VAT.

Estimated marginal rate: 30%

Every expense has its own rule

Deducting is not just adding up invoices: utilities, car, per diems or entertainment each have their own percentages and caps. Applying them correctly is the difference between what you think you deduct and what the tax office accepts.

Business use and proportion

The tax office requires the expense to be tied to your business. Many mixed expenses (home, car, phone) are only deductible in the business-use proportion, and some require exclusive use.

Income tax and VAT don't move together

An expense may cut your income tax but give no deductible VAT, or the other way round. Insurance, per diems, entertainment or home utilities follow different rules in each tax.