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Hourly Rate Calculator

Work out the hourly rate you need to charge to hit your income target

Enter gross target before tax/NI. This tool sums target + overheads and divides by billable hours — it does not gross-up for income tax/NI. To convert a post-tax net target into the gross figure needed here, use the Self-Assessment calculator or a gross-up tool.

How We Calculate This

This calculator adds your target net income to all business overheads (van, tools, insurance, accountant, fuel, marketing), then divides by the number of billable hours you can realistically work in a year. A profit margin percentage is applied on top to provide a financial buffer and business growth fund.

Frequently Asked Questions

Last updated: March 2026

All calculations are estimates. Verify with your supplier.