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Calculate tax for a period by the rules of your regime

In Tetri, you can set up a tax for the rules of your regime: which transactions count as income, which rates and deductions apply and when the deadline is. The estimate rests on income received in the period, and you can mark payment separately.

Compare plansSet up a tax

The tax for the period and the deadline are at the top. Tasks follow: file the declaration and pay. In the tax settings you can pick the order: "Declaration, then payment", "Declaration with payment" or "Payment only".

What the calculation is made of

The calculation for a month, a quarter or a year: income included, deductions, rate and estimated tax. Only amounts received count.

Describe the regime with rules

Income rules put a transaction into the income group or leave it out of the calculation. Conditions: transaction type, amount, currency, category, wallet, tag, description, date, counterparty, transfer between your own wallets. Before you save, you see the difference from the current tax amount.

Open the source transaction from every amount

The tax page for a period has three groups of transactions: "Included in calculation", "Excluded from calculation" and "Needs review". The "View transactions" button opens the source transactions, and each transaction has an "Exclude" or "Count as income" button.

Payment in parts, and periods

The "Record payment" button opens a form with the amount and the payment date. With the "Add the expense to the wallet" box ticked, an expense for that amount appears in the wallet you pick. Past periods are in the "Periods" list.

Tax settings

  • Income

    You can reorder income rules: a transaction can go into the income group or stay out of the calculation.

  • Rates

    A flat percentage, a fixed period amount or progressive brackets. Progressive brackets use "Each band at its own rate" or "Whole base at the selected band rate", and you can count thresholds for the "Reporting period", "Calendar year to date" or "Rolling 12 months".

  • Deductions

    Full amount, percentage or fixed amount. You can count a deduction "Per transaction" or "Per reporting period", and you can set an upper limit.

  • Period and deadline

    Monthly, quarterly or yearly. You can set the deadline as a day of the following month or a number of days after the reporting period. A tax estimate does not replace a declaration or advice from a specialist. You file the declaration and pay the tax outside Tetri, and Tetri only records that they are done.

  • Currency and rates

    The reporting currency and the source of rates: NBG, CBR, ECB, Frankfurter, CoinGecko or "Manual rates". You can take the rate on the "Transaction date" or at the "Reporting period end".

  • Ready profiles

    For Georgia there are the profiles "Small business status" and "Income tax, general regime", for Spain "IVA 21%", "IRPF, modelo 130" and "Self-employed contribution (RETA)". For another country there are general profiles: you set the rate and the deadlines yourself. Check the rate and the deadlines with the tax authority before you save; you can change the settings after you add the tax.

Questions about the tax estimate

Related sections

Set up the regime once

Describe the income, the rate and the deadline and see the tax for a period.

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