Freelance Rate Calculator
Billable vs total time
A freelance rate calculator helps self-employed workers set a sustainable hourly or daily rate that covers business expenses, tax, time off, and desired take-home income. Most freelancers significantly undercharge because they forget to account for non-billable time.
💡
Tip: Never compete on price as a freelancer — it's a race to the bottom. Compete on expertise, specialisation, and the value you deliver.
- 1Calculate desired annual take-home income
- 2Add self-employed tax liability (income tax + National Insurance or self-employment tax)
- 3Add business costs (software, accounting, insurance, equipment, marketing)
- 4Add overhead for non-billable hours (admin, sales, training) — typically 30–50% of total time
- 5Divide by billable hours per year to get minimum hourly rate
Desired take-home £40k · Tax £12k · Expenses £5k · 1,000 billable hours=£57/hour minimum rate(40k+12k+5k)÷1000
⭐
Fun Fact
Research suggests only 50–70% of a freelancer's working time is directly billable. If you work 8 hours but only 5 are billable, you must charge 60% more per hour than you might think.
References
🔒
100% Gratuito
Nessuna registrazione
✓
Preciso
Formule verificate
⚡
Istantaneo
Risultati immediati
📱
Compatibile mobile
Tutti i dispositivi