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How much can I earn on the side?

LP
2023-03-17

Question

Hello everyone,

I am self-employed in a secondary occupation and subject to VAT. I know that in theory there is no limit to how much I can earn on the side, but above a certain amount I will fall into a higher tax bracket.

Is there a platform where I can calculate this?

Thanks in advance 🙂

Regards, Lowie

Hmm, that thing from tax brackets and suddenly falling into a higher tax bracket is a myth. You may fall into a higher tax bracket, that's true, but only for the amount above that threshold. So, in essence, it's nothing to worry about.Dexxter has a course state in their search bar where they provide an explanation, it's worth taking a look. Especially the part about personal income tax.

Greetings from a fellow student ;)

Ah, thank you! Should I search for 'personal income tax'?

Course, then you will find the course. In that course, you can then jump to the sections you want to read.

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