#19 Huskies Head To Cincinnati To Battle Xavier - University of Connecticut Athletics
2025.01.24 17:30 jpviolette #19 Huskies Head To Cincinnati To Battle Xavier - University of Connecticut Athletics
 | submitted by jpviolette to UConnBasketball [link] [comments] |
2025.01.24 17:30 jvc72 Buy Signal TREX 2X Long Tesla Daily - 24 Jan 2025 @ 12:27 -> USD37.98
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Time: 24 Jan 2025 @ 12:27
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2025.01.24 17:30 yopadit Who contributes more in absolute terms?
I’ve been wondering so I asked ChatGPT. This what I got, and it’s kind of in line with my gut feeling. As employee I used to get about 6,5K monthly gross. Now I charge 700/day. Is it correct that I now contribute more to the government in absolute terms? And if so, why the political witchhunt on freelancers?
Can anyone point out what’s wrong with this logic?
Short Answer Because the freelancer’s total gross ( €700 × 220 = €154 k ) is substantially higher than the employee’s gross ( €6,500 × 13.92 ≈ €90.5 k ), the freelancer ends up remitting more euros in absolute terms to the government. However, if you look at effective tax rates, the salaried employee’s combined tax plus social‐security burden (including employer contributions) is typically higher on a percentage basis.
Walk‐Through of the Numbers
Below is a rough comparison of how much each pays to the Belgian state. Note that real‐life details can shift these totals (e.g. actual deductible expenses, precise social‐security rates, local surcharges, etc.). Still, this gives a ballpark idea.
1) The Freelancer at €700/day × 220 days • Annual Revenue (excl. VAT):  • Corporate Tax (20%) Exact eligibility for the 20% rate depends on conditions, but assuming 20% on the full profit:  Leaving  in the company. • Social Contributions A Belgian freelancer (via a BV or as a self‐employed manager) must pay self‐employed social security (roughly 20–21% of income). How it’s calculated can vary (some pay a minimal salary, some pay a management fee, etc.). For a ballpark, let’s assume around 20% on the full freelance earnings. In practice, it often comes out of the company before or after tax—there are different ways it can be structured. Let’s do one simplified approach where the freelancer ends up paying roughly  (The exact figure depends heavily on how their accountant structures salary vs. dividends, but we’ll keep a single “social” chunk for illustration.) • Dividend Tax (withholding 30–35%) After corporate tax (and possibly having accounted for social contributions), the remainder is distributed as a dividend. At a 35% withholding, for instance:  • Net to the Freelancer would be somewhere around the remainder: 
Depending on exactly how you order the deductions (some pay minimal social security on a small “manager’s salary,” etc.), you land at an effective total tax of around 55–60% on €154 k, i.e. €80–90 k goes to the government, €60–70 k stays with the freelancer.
2) The Employee at €6,500/month × 13.92 • Annual Gross Salary:  • Employee Social Security (~13.07%):  Leaves about €78,700 to be subjected to personal income tax. • Personal Income Tax (Progressive up to 50%) Once you apply Belgian progressive rates (25%, 40%, 45%, 50% brackets) plus communal surcharges, you might end up paying around €35–38 k in income taxes on that €78–79 k. • Net Pay to the Employee ends up around €41–45 k, so roughly half the gross salary. • Employer Social Security (~25–30%) On top of that gross of ~€90.5 k, the employer typically pays another ~€22–27 k to the government in employer contributions.
Putting it all together, the total cost to the employer might be around €115–120 k, of which roughly €70–75 k goes to the government (employee + employer social security + income tax). The employee nets ~€40–45 k.
Conclusion 1. Absolute Euro Amount: Because the freelancer is billing €154 k vs. the employee’s gross of €90.5 k, the freelancer hands over more money in absolute terms—often somewhere around €80–90 k total to the government vs. the employee’s €70–75 k (when you include employer + employee portions). 2. Effective Rate: If you compare pure “tax wedge” or percentage of total labor cost that ends up with the government, the employee is typically in a higher bracket (55–65% total wedge is common). Meanwhile, the freelancer often ends up at ~55–60% effective, depending on how dividends vs. salary are structured.
Hence, in total euros paid to the state, the €700/day freelancer usually pays more, simply because they are invoicing far more than the gross salary.
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2025.01.24 17:30 cw_127 💎 ChillZone [SMP] {1.21} {Semi-Vanilla} {WhiteList} {Community} {HermitCraft Inspired} {Claims} {Dynmap} {Player Shops}
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2025.01.24 17:30 TearyAmoeba Utinni!
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2025.01.24 17:30 JayhawksBot [NCAAWB Game Thread] Kansas Jayhawks at Houston Cougars (01/25/2025 12:00 PM)
Women's Basketball Game Thread
When: 01/25/2025 12:00 PM
Where: Fertitta Center Houston, TX
Coverage: ESPN+
Game Info: https://www.espn.com/womens-college-basketball/game/_/gameId/401725264/kansas-houston
Listen: https://kuathletics.leanplayer.com
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2025.01.24 17:30 No_Career4154 Need friend for dialga raid - 611549730893
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2025.01.24 17:30 JJReptiles Shed to shine! ✨
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2025.01.24 17:30 absentmindedlurking Looking for advice - is this root rot or another problem?
 | In August of 2024 a friend of mine gave me 2 cuttings from her fiddle leaf fig. They’ve been growing well and seem happy in their environment but I’ve noticed this brown spots developing over the last 2ish months on one of the plants. At first I thought I’d burned the leaves because it had been particularly sunny so I moved it slightly out of the direct light from my living room window, but the spots are now multiplying. Is this root rot, am I not watering enough, or something else? The spots seem lighter than some other posts I’ve seen of root rot so looking for advice please submitted by absentmindedlurking to plantclinic [link] [comments] |
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2025.01.24 17:30 External_Bandicoot84 Have you ever felt physical pain in a dream?
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2025.01.24 17:30 RafaellaFlame What old British tradition do you miss?
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2025.01.24 17:30 Additional-Shape-517 does anyone have this textbook
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2025.01.24 17:30 FuzzyPoe Trump has pulled Fauci’s security detail, source says
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2025.01.24 17:30 Remarkable_Log7727 Student loan help
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2025.01.24 17:30 MentalResponse11 What the right type of flooring for me?
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2025.01.24 17:30 Emotional-Feed5489 Coco's Sexy Wear
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2025.01.24 17:30 fantastic0990 Need help with the new mode
What capsules should i use on beast gohan to beat him pretty fast
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2025.01.24 17:30 glencreek Is there any high-interest online bank that will open an estate account using EIN?
As executor, I'm sitting on about $50K in an estate (probate) account earning zero interest. It's going to be parked for at least 4 months. Is there a high-interest online bank that will open an estate account with an EIN? Seems like a great niche if there aren't some legal hurdles.
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2025.01.24 17:30 Filo250907 Want to buy some shorts, size M/L
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2025.01.24 17:30 MissRosemaryNight Shal using 0.001% of groosh
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