Freelancer Tax Calculator

2026 Self-employed Income Tax Calculation

Calculate comprehensive income tax for freelancers and self-employed. Deduct business expenses from 3.3% withheld amount and check actual tax payable.

๐Ÿ’ผ What is Freelancer Tax?

Freelancers are classified as business income and must file comprehensive income tax. While 3.3% (3% income + 0.3% local) is withheld, this is just prepayment. The actual tax is settled in May when you deduct business expenses.

๐Ÿ“‹ Income Tax Calculator

Gross Income

5000๋งŒ์›

Taxable Income

3625๋งŒ์›

Total Tax

460๋งŒ์›

Effective: 9.2%

After-tax

4540๋งŒ์›

๐Ÿ“Š Tax Breakdown

Tax Payable

Income Tax4,177,500์›
Local Tax (10%)417,750์›
Total Tax4,595,250์›

Tax by Bracket

0M ~ 14M (6%)840,000์›
14M ~ 50M (15%)3,337,500์›

๐Ÿ“ˆ 2024 Income Tax Brackets

Taxable IncomeRateDeduction
0์› ~ 1400๋งŒ์›6%0์›
1400๋งŒ์› ~ 5000๋งŒ์›15%1,260,000์›
5000๋งŒ์› ~ 8800๋งŒ์›24%5,760,000์›
8800๋งŒ์› ~ 1.5์–ต์›35%15,440,000์›
1.5์–ต์› ~ 3.0์–ต์›38%19,940,000์›
3.0์–ต์› ~ 5.0์–ต์›40%25,940,000์›
5.0์–ต์› ~ 10.0์–ต์›42%35,940,000์›
10.0์–ต์› over45%65,940,000์›
๐Ÿ’ฐ

Income Tax Result

Total Tax 460๋งŒ์›

โœจ 9.2% effective rate

Based on 5000๋งŒ์› annual income

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Note

This calculator is for estimation purposes. Actual tax may vary by individual circumstances. Please consult a tax professional for accurate calculations.

๐Ÿ“ Freelancer Tax Calculation

Business Income = Total Revenue - Business Expenses

Taxable Base = Income - Deductions

Calculated Tax = Base ร— Progressive Rate (6-45%)

Final Tax = Calculated - Credits - Prepaid (3.3%)

๐Ÿ“ How to Calculate

  1. Enter annual total revenue
  2. Enter business expenses (actual or standard rate)
  3. Enter personal exemptions and deductions
  4. Enter tax credits (pension, medical, etc.)
  5. Check prepaid tax (3.3% withholding)
  6. View final tax payment or refund

๐Ÿ“Š Estimated Tax by Revenue (60% expense rate)

RevenueExpensesTaxableTaxPrepaidDue/Refund
$24K$14.4K$8.1K$480$790Refund $310
$36K$21.6K$12.9K$900$1.19KRefund $290
$48K$28.8K$17.7K$1.47K$1.58KRefund $110
$60K$36K$22.5K$2.21K$1.98KDue $230
$80K$48K$30.5K$3.65K$2.64KDue $1.01K
$100K$60K$38.5K$5.41K$3.3KDue $2.11K

๐Ÿ’ก Freelancer Tax Tips

  • Keep all expense receipts (equipment, utilities, transport)
  • Standard expense rate: 60-80% depending on industry
  • Pension savings for tax credits (up to 7M KRW)
  • Join Yellow Umbrella for deductions + protection
  • Business registration allows VAT refunds
  • Under 48M income: maximize standard deductions

๐Ÿ“š Panduan perhitungan lokal

Logika rumus

Menggunakan rumus publik untuk keuangan, pinjaman, rasio, dan konversi satuan.

Cakupan sumber

Mengacu pada standar publik dan praktik umum per negara.

Asumsi

Pajak, biaya, suku bunga, dan batas berbeda antar wilayah/lembaga.

Result Interpretation

Gunakan hasil ini sebagai skenario dasar. Sebelum memutuskan, bandingkan dengan penawaran nyata dan aturan pajak lokal.

Preset lokal

Mata uang: IDR

Satuan: metric

Model pajak: US payroll estimate

Catatan regulasi

Alat ini memakai preset regional untuk estimasi. Syarat nyata dan batas hukum dapat berbeda menurut lembaga dan aturan lokal.

Aksi yang disarankan

  • Bandingkan minimal 2-3 penyedia lokal sebelum final.
  • Cek ulang biaya, pajak, dan klausul pelunasan dipercepat secara tertulis.
  • Uji skenario stres dengan bunga +1-2% dan pendapatan turun.

Sebelum keputusan nyata, pastikan aturan terbaru di lembaga setempat.

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