Money & shopping
Freelance hourly rate planner
Translate an annual revenue requirement into billable hours and a rate.
A clear answer. Here’s how.
Required annual revenue = target pre-tax income + business costs. Billable hours = working weeks × weekly hours × billable share. Indicative hourly rate divides required revenue by billable hours. No tax, benefits, demand, late payment or market price is inferred.
See a worked example
Worked example
A fixed demonstration, separate from the values you enter above.
- Target annual pre-tax income
- 40000
- Annual business costs
- 5000
- Working weeks per year
- 46
- Working hours per week
- 35
- Billable share of working time (%)
- 60
Example result
- Required annual revenue
- 45,000.00
- Annual billable hours
- 966
- Indicative hourly rate
- 46.58