Hourly Rate Calculator

Work out what you should charge per hour to meet your income goals and cover all costs

Before tax

Hours you can charge for

Usually 46-48 (allowing for holidays)

Van, insurance, tools, etc.

Additional profit on top of salary + costs

This ensures business growth and covers unexpected costs

Your Minimum Hourly Rate
£0.00
per hour
Total Billable Hours/Year
0
Required Annual Revenue
£0
Includes Profit Margin
£0

Understanding Your Hourly Rate

Many tradespeople undercharge by not accounting for all costs and downtime. This calculator helps you price realistically.

What to Include in Overheads

  • Vehicle costs (purchase, fuel, insurance, maintenance)
  • Tools and equipment replacement
  • Public liability and professional indemnity insurance
  • Phone, internet, and software subscriptions
  • Marketing and advertising
  • Training and certification renewals

Important Considerations

  • Not all hours are billable - Account for travel, quotes, admin, and downtime
  • This is your minimum rate - You may charge more for specialist or urgent work
  • Remember taxes - Your salary is before income tax and National Insurance
  • Build in contingency - The profit margin protects against quiet periods
Track Your Rates with ProWorks