FreelancePay

Freelancer Income Calculator – See What You Really Earn

Estimate your net salary in seconds with FreelancePay's powerful freelancer income calculator. Enter your invoice amount and instantly see taxes, deductions, pension contributions, and your actual take-home pay.

No company required

Built for freelancers in Iceland

Fast, free, and transparent

Start invoicing smarter — and get paid faster.

Invoice Details

Invoice amount (excl. VAT)

kr.

I have a VAT number

No VAT charged on service fee

Net Salary

0 kr.

What you take home

Gross Salary

0 kr.

Before deductions

Total Deductions

0 kr.

Taxes & contributions

FreelancePay Fee

0 kr.

Service + VAT

Pension

Mandatory pension fund

Employee (4%)0 kr.

Employer (11.5%)0 kr.

Rehabilitation fund0 kr.

Additional Pension Savings

Employee

0 kr.

Employer (0%)0 kr.

Taxes

Income Tax

Insurance fee (6.35%)0 kr.

Personal Tax Credit

%0 kr.

Unions

Select Union

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Select a union to see contributions