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.