What does 'billable percentage' mean?

It is the share of your working week spent producing client work that you can invoice. The remainder goes to admin, sales, emails, learning and invoicing. Most freelancers bill somewhere between 50% and 70% — using a higher number understates the rate you actually need.

Should I quote the minimum or the recommended rate?

The minimum rate is the absolute floor that hits your net income goal with zero margin. The recommended rate adds a 20% buffer for sick days, scope creep and learning time — that's the number you should actually quote clients.

Does the calculator account for taxes?

Yes. The tax-rate slider is applied to gross up your net goal — without it the recommended rate is net, not gross, and you would owe tax on top. Set it to your combined effective rate (income tax + self-employment / national insurance).

Is my income data stored anywhere?

No. The sliders, text fields and results are React state in your browser. Refreshing the tab resets the inputs, and no financial data is sent to any server.

Hourly Rate Calculator

Calculate your minimum freelance hourly rate based on income goals and expenses

Financial Goals

Desired Net Monthly Income (Take-home)

Monthly Business Expenses (Software, Hosting, etc.)

Estimated Tax Rate25%

Time & Capacity

Weeks Worked per Year48 (4 weeks vacation)

Hours Worked per Week40 hrs

Billable Hours Percentage60% (24 hrs/wk)

Percentage of time spent actually working for clients (non-admin/sales).

Hourly Rate Calculator

Financial Goals

Time & Capacity

Required Minimum Rate

Recommended Rate (20% Profit Margin)

Project Pricing Matrix

How to Calculate Your Freelance Hourly Rate and Create Invoices

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Financial Goals

Time & Capacity

Required Minimum Rate

Recommended Rate (20% Profit Margin)

Project Pricing Matrix

Related guides

How to Calculate Your Freelance Hourly Rate and Create Invoices

Related tools

Code Snippet to Image

Creator Tax Form Guide

Freelance Invoice Generator

Golden & Blue Hour

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YouTube SEO Builder