Keeping track of all the rules and allowances can be overwhelming, but as a self-employed employee at Shoutly, you'll be helped to understand and manage what can seem a bit complicated. Here we go over what holiday compensation means and how it works when you are self-employed through us.
As a self-employed person via Shoutly, you are entitled to holiday pay, which is an addition to your salary each month. The holiday allowance is equal to 12 per cent of your gross salary and is paid alongside your salary. It doesn't matter if you've worked a few days or several months — vacation pay is always based on the gross salary you earned during the month.
Holiday compensation is taxed just like your regular salary. This means that both employer contributions and income tax are deducted on the amount. Since you are not a permanent employee of a company and invoicing through Shoutly, you will not receive vacation days or vacation pay, but instead you will receive vacation pay as an addition to your salary.
As a self-employed employee at Shoutly, you have the freedom to control your own time and decide when you want to take time off. It is important to plan in time for rest and recovery, whether you choose to be free during the summer or at other times that suit you. Taking a longer continuous leave at some point during the year can be a good way to recharge your batteries.
Since you are your own boss, you can decide for yourself when and how you want to take a vacation. At Shoutly, we encourage you to find a balance between work and time off to feel good and be able to perform in the long term.
