Finance & Business

Freelance Hourly Rate Calculator

Estimate the billable hourly rate needed for a take-home income target, business costs, tax provision and non-billable time.

Freelance Hourly Rate Calculator

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Results

Billable hours per year

1,104 h

Required annual revenue

92,000 $

Minimum billable hourly rate

83.33 $/h

Worked example

With a $60,000 take-home target, $12,000 expenses, 25% tax provision and 46 weeks at 40 hours with 60% billable time, the estimate is about $83.33 per billable hour.

Assumptions and limits

Planning estimate only. Tax provision is your assumption, not tax advice. This simplified model excludes benefits, pension, unpaid leave, bad debt, currency differences and local tax rules.

Frequently asked questions

Does this calculate my required freelance rate after tax?

It estimates a rate using the effective tax percentage and expense assumptions you enter. Actual tax, deductions, social charges and business rules depend on your location and circumstances.