How GigProfit Calculates Net Income — Our Methodology

GigProfit calculates your net income by starting with your gross invoice amount, subtracting platform commissions (Upwork 10%, Fiverr 20%, Freelancer 10%, Direct 0%), deducting business costs (software, tools, equipment), and then applying the relevant tax rules for your jurisdiction. The result is your take-home pay after all deductions.

Our calculator uses the same methodology across all platforms, making it easy to compare your net income across Upwork, Fiverr, Freelancer.com, and direct clients. Each calculation is performed locally on your device — no data is sent to our servers.

We source tax rates from official government and tax authority websites: - India: 18% GST (Goods and Services Tax) from India Revenue Department - Turkey: 20% KDV (VAT) + 20% Stopaj (Withholding Tax) from Turkish Revenue Administration - USA: 15.3% Self-Employment tax from IRS - UK: 20% VAT from HMRC - And 32+ other jurisdictions with locally-sourced rates

Tax laws change, so always verify the current rates with your local tax authority. Our app is updated regularly, but tax compliance is your responsibility.

GigProfit performs all calculations on your device — no data is sent to our servers. This means: - Your income and business details stay private - The calculator works offline (after initial load) - No tracking or data collection for profit calculation - Your financial information is never at risk from a server breach

We're committed to transparent, privacy-first financial tools for freelancers worldwide.

GigProfit was built by freelancers, for freelancers. Our editorial team reviews tax rates, platform fee structures, and calculation logic to ensure accuracy and transparency.

We publish new content regularly — from platform guides and tax explainers to calculator tools — all designed to help freelancers understand their true net income. Every calculation is open-source and fully transparent.