30%
Your available time
20%
How is this calculated?
Effective billable days = (Working days − Leave days) × (1 − Overhead%). This is the number of days you can actually invoice in a year.
Annual gross needed = (Target take-home + Business costs) ÷ (1 − Tax rate). This is what you need to earn before tax and costs to hit your net target.
Floor day rate = Annual gross ÷ Effective billable days. This is the absolute minimum to break even.
Recommended rate = Floor rate × 1.25. The 25% buffer covers late payments, gaps between clients, price negotiations and unexpected costs.
Hourly rate = Day rate ÷ 8 hours.
This is a planning estimate. Actual tax depends on your specific situation, deductions and allowances. Nothing is uploaded.