Charge for the day you actually work.
Estimate a charge-out rate from your target annual take-home, overheads and billable hours.
BEHIND THE NUMBERS
How the calculation works
Required profit = target take-home ÷ (1 − effective tax rate). Add annual overheads, then divide by annual billable hours. Day rate = hourly rate × hours per day. Your effective tax estimate is a planning assumption; this tool does not calculate statutory income tax.
- Tax is a user-entered effective rate on profit, not a statutory tax calculation.
- Costs are annual business overheads, excluding materials charged separately.
- VAT is optional and is added to the charge-out rate.
Optional standard VAT default: 20%. Official rate source: checked 2026-10-08.
Keep the numbers with the job
Job management software can help keep your quotes and job costs together. Explore the options when you’re ready.
Quoting, scheduling and invoicing with per-user UK pricing and Xero, Sage and QuickBooks Online integrations.
£34per user / month
Trade job management combining estimates, job costs and accounting integrations, with monthly full-user and timesheet-user options.
£39per user / month
Sources and date checked (2)
Supplier documentation. Product imagery belongs to the respective supplier.
- business.gov.au: pricing strategyChecked 2026-10-09
- HMRC: VAT ratesChecked 2026-10-09