This tool works out what you need to charge per day and per hour to cover your costs, pay your tax, and hit your take-home income target.
Quick Start
- Enter your target annual take-home pay.
- Add your estimated tax and NI.
- List your annual business expenses.
- Enter your working pattern and billable day rate.
- Hit Calculate to see your required rates.
Billable day rate
Not every working day generates income — some go on quoting, admin, travel, and chasing invoices. 80% is a realistic starting point for most tradespeople.
Break-even rate
The minimum day rate to cover your expenses and tax — but this leaves nothing as take-home pay. Your recommended rate is always above this.