Info about taxes

Disclaimer: Unfortunatelly I'm not a financial expert, not a fan of taxes, the info below was valid in 2023 but the rules change so much and I can't keep up with them, so the calculations are approximate, you should consult the law to see how the taxes should be calculated.

When calculating the profit with this tool, the following is used: the profit before taxes is calculated by multiplying the number of options with the difference between the price of the stocks when the stocks are sold and the price you were given at the start of the program. Afterwards, the broker's comission is substracted: this should be the amount you receive in your account. From the remaining amount, the income tax is taken. If the rest of the profit is over 5520 € (equivalent of 26750 RON), an aditional 552 € (2675 RON - this is 10% of 12 minimum wages; this might change over time if the minimum wage increases) is paid for the Health fund. The values of the amounts and percentages described above are listed below:

Note 1: If you have any other income besides your salary and the total (cumulated with the Sharesave profit) is over 5520 €, you have to pay the 552 € health tax, even if your Sharesave profit is less than 5520 €.

Note 2: The number of options were calculated by dividing the total money that's saved (eg, for a monthly rate of 500 €o, in 3 years the amount would be 18000 €o) to the price of the options for that given year.

Note 3: You can find the number of options by logging in with your ShareSave account at Flutter shares.

Note 4: This is what you should receive in your account at the end of the program. The broker's commission was already substracted. From this amount you should pay the income tax and health tax (if applicable).