Toolsmith Software · Free tools

What should I charge?

Work out the day rate and hourly rate you need to hit your income target — after you strip out holidays, admin days and the hours you can't actually bill. The rate most people guess at is too low.

Income you want to take home (per year, before tax)

Annual business costs (software, insurance, kit…)

Days you work per year

Holiday + sick + admin days off

Billable / utilisation (%) how much of your time is actually billable

Profit margin on top (%)

Billable hours per day

Day rate

£0

Hourly rate

£0

Revenue you need per year£0

Billable days per year0

That's per month£0

Built by Toolsmith Software — pricing, quoting and time-tracking are exactly the kind of admin we build tools to take off your plate.