Work backwards from the income you want to the hourly, day, and weekly rate you need to charge — accounting for time off, non-billable hours, business costs, and a buffer. Figures are currency-agnostic: enter your own numbers in whatever currency you use.
Because not every hour you work is billable to a client — admin, invoicing, marketing, and finding new work all take real time but earn nothing directly. This tool spreads your income goal across only the hours you can actually charge for.
New freelancers often bill 40–60% of their working time while they build a client base and systems; established freelancers with steady pipelines can often reach 70–85%. If unsure, 60–70% is a reasonable starting estimate.
No — the tax field here is a simplified stand-in for self-employment or payroll-style tax (e.g. US self-employment tax is 15.3%). It doesn't model income tax brackets, deductions, or local rules, so treat the result as a starting point, not a final number.
Freelance income is rarely perfectly steady — there are slow months, late-paying clients, and unpaid invoices. A buffer of 10–20% helps your rate hold up in practice, not just on paper.
