Free tool
Freelancer & Agency Rate Calculator
Work out the minimum hourly and day rates you need to charge, once holidays, sick days, business costs and a sensible profit margin are taken out of the year.
Take-home target before tax.
Software, kit, insurance, office, marketing, accountancy.
What you want to put away each year.
Time off & non-billable time
Minimum hourly rate
£61.48
- Recommended day rate (6 hrs)
- £369
- Suggested monthly retainer (92 hrs)
- £5,625
Annual revenue required
£67,500
Profit included
£13,500
Billable days
183
Billable hours
1098
Non-billable days
78
Weekdays in the year
261
Starting from 365 days, we remove 104 weekend days, then your holidays, public holidays, sick days and non-billable admin time. Revenue is grossed up so your profit margin sits on top of income, expenses and pension — it isn't taken out of them. Figures exclude income tax, National Insurance and VAT: check those with your accountant.
Work out the minimum hourly rate, day rate and monthly retainer you need to charge to hit your target income — after holidays, public holidays, sick days, non-billable admin, business expenses, pension contributions and a sensible profit margin. Built for accountants, designers, developers, marketers, copywriters, consultants and small agencies.
Recommended software for freelancers and agencies
Once you know your rate, the next job is billing it, tracking it and winning the next project. These come straight from our software directory, so they stay current.
Accounting & invoicing
QuickBooksAccounting, invoicing, VAT and payroll for small businesses and accountants.
XeroAccounting software for a healthy business
DextRemove the effort of collecting and processing invoices and expenses. With bookkeeping automation from Dext, you can free up time to grow your business.
CheckrFast, compliant background screening for modern hiring teams.Time tracking
Proposals & contracts
CRM
CloseA fast, built-for-sales CRM with calling, email and automation included.
KeapSales and marketing automation with CRM for service-based small businesses.
ActiveCampaignEmail marketing, automation and CRM in one platform for growing businesses.
BrevoEmail, SMS, chat and CRM in one affordable customer relationship platform.Project management
