Are you charging the right hourly rate? Whether you’re a freelancer, contractor, consultant, or self-employed professional, our Hourly Rate Calculator UK helps you determine your ideal hourly wage based on your income goals, expenses, taxes, and working hours.
β HMRC Compatible
Our freelance rate calculator reflects the current UK tax rates for the 2025/26 tax year including the latest UK Income Tax bands and National Insurance rates. It also incorporates the Personal Allowance of Β£12,570 tax-free income, and includes detailed breakdowns of deductions for clarity.
π‘ Instantly find out how much you should charge per hour to cover your costs and maximize profits.
π Enter your details below and calculate your true hourly rate with our freelance rate calculator now!
π° UK Hourly Rate Calculator
Find out how much you should charge per hour as a freelancer, contractor, or consultant in the UK.
Your Hourly Rate: Β£0.00
π οΈ How to Use the Hourly Rate Calculator
1. Enter your desired annual income β The amount you want to earn before taxes.
2. Set your billable hours per week β The number of hours you expect to work for clients.
3. Adjust your work weeks per year β Include holidays and time off.
4. Add your tax rate β Include national insurance and income tax (UK-specific).
5. Include annual business expenses β Software, insurance, office costs, etc.
6. Click “Calculate” β Instantly see your recommended hourly rate!
π Why use this calculator?
- β Accurate Pricing: Avoid undercharging or overcharging.
- β Profit-Optimized: Factor in expenses and taxes.
- β For All Professionals: Freelancers, agencies, contractors, employees transitioning to self-employment.
π Why Your Hourly Rate Matters
Setting the right hourly rate is critical to your financial success. If you charge too little, you risk burnout and underpayment. If you charge too much, you may struggle to attract clients.
This calculator helps you:
β
Cover all expenses & taxes
β
Set sustainable freelance rates
β
Ensure a profitable business model
π‘ Did you know? Many freelancers forget to include non-billable hours like admin work, marketing, and client calls. This tool ensures you account for ALL working hours when setting your rate. Don’t underestimate the time you spend doing work-related activities and calculate your true hourly rate!
π Hourly Rate Calculation Formula
For those who like to crunch numbers, hereβs the formula our calculator uses:
π Hourly Rate Formula:
Hourly Rate=(Billable Hours Per Week Γ Work Weeks Per Year)(Desired Annual Income + Expenses)β
β Example Calculation:
- Desired Salary: Β£50,000
- Business Expenses: Β£5,000
- Work Weeks: 48
- Billable Hours per Week: 35
- Tax Rate: 20%
π’ Your Recommended Hourly Rate: Β£35.42/hour
Use the freelance rate calculator now to find your ideal rate!
π° UK Hourly Rate Calculator
Find out how much you should charge per hour as a freelancer, contractor, or consultant in the UK.
Your Hourly Rate: Β£0.00
β Frequently Asked Questions (FAQs)
πΉ How do I calculate my freelance hourly rate?
To calculate your hourly rate, take your desired annual salary, add business expenses, and divide by your total billable hours per year (work weeks Γ weekly billable hours).
πΉ What is a good hourly rate for UK freelancers?
Hourly rates vary by industry, experience, and demand. On average:
- Beginner freelancers: Β£20-Β£30 per hour
- Intermediate freelancers: Β£30-Β£60 per hour
- Experts & consultants: Β£75-Β£150+ per hour
πΉ How many hours should freelancers bill per week?
Most freelancers work 35-40 hours per week but only bill for 20-30 hours due to admin, marketing, and client calls.
πΉ Does this calculator work for contractors and consultants?
Yes! Whether youβre a contractor, consultant, agency owner, or part-time freelancer, this freelance rate calculator helps you set profitable rates.
πΉ Should I include taxes in my hourly rate?
Yes! Our calculator factors in income tax and national insurance (UK-specific) so you donβt undercharge.
π Ready to Find Your Ideal Hourly Rate?
Donβt leave your pricing to guesswork! Instead, know exactly where you stand. Use our Hourly Rate Calculator now and charge what you’re truly worth.
π Start Calculating Now and Download Your Results for Later:
π° UK Hourly Rate Calculator
Find out how much you should charge per hour as a freelancer, contractor, or consultant in the UK.
Your Hourly Rate: Β£0.00
Refresh: Hourly Rate Calculator UK
Now that you know your appropriate rate, find top freelance jobs and start earning today on Fiverr or Upwork!