Applies to Estonian tax residents.
From the amount your client pays, the following are deducted:
VAT, if applicable
Social tax: 33%
Unemployment insurance, employee's share: 1.6%
Income tax: 22%
Mandatory funded pension contribution: you choose 0%, 2%, 4% or 6% once a year, applied automatically on the platform
Unemployment insurance, employer's share: 0.8%
Abillio's service fee: 5% of the payable amount
Bank fees: 1.00 EUR per SEPA payout, up to $20 (actual cost) for SWIFT