Freelance Rate Calculator

Tax reserve applies to profit after expenses. Admin hours add workload but do not create billable hours.

Your numbers

Enter your numbers to see the result.

How Freelance Rate works

Gross up desired take-home profit for the entered tax reserve, add annual expenses and divide by annual billable hours. Administrative time adds workload but not billable hours.

A worked example

These sample values illustrate the calculation. Use your own numbers in the calculator for your result.

Example inputs
Desired annual personal income
60000
Billable hours per week
25
Weeks worked per year
48
Annual business expenses
6000
Tax set-aside %
25
Unpaid admin hours per week
8
Minimum hourly billing rate
$71.67
Total weekly working hours
33

Assumptions and limits

Tax reserve applies to profit after expenses. Admin hours add workload but do not create billable hours.

Planning estimate only. This is not legal, tax, payroll or accounting advice.