Work out an hourly and day rate that covers your income goal, expenses, and taxes.
We add your target income, expenses, and desired profit margin, then divide by the total billable hours you plan to work in a year — the hours you actually get paid for, not your full working hours.
Freelancers spend real time on admin, proposals, and finding clients that isn't billable. Most freelancers can only bill 20-30 hours a week even when working full time.
If you want the rate to cover your tax bill too, enter your estimated tax rate and the calculator will scale the target income up to compensate.