Freelance Rate Calculator
Turn income goals, tax reserve, expenses, and billable hours into an hourly rate.
Results
What this calculator uses
- Desired take-home income
- Annual business expenses
- Tax reserve
- Weeks off per year
- Working hours per week
- Billable utilization
Results you can review
- Required Hourly Rate: Minimum billable rate to hit the target.
- Gross Annual Revenue: Revenue needed before tax reserve.
- Monthly Target: Average monthly revenue target.
- Annual Billable Hours: Hours available to bill clients.
- Tax Reserve Amount: Estimated money set aside for tax.
- Weekly Billable Hours: Billable hours at the entered utilization.