About the Freelance Income Calculator
Estimate annual freelance income, after-tax earnings and effective hourly pay from rate, billable hours and costs.
Also known as: freelancer earnings, self employed income, contractor income.
How to use this calculator
- Enter hourly rate, billable hours per week, weeks per year, annual costs and the other fields.
- The result updates instantly as you type — press Calculate (or Enter) at any time.
- Review the breakdown shown under the main result.
- Use Copy result or Share to save the answer or send a link with your inputs.
Formula
Net = (rate × hours × weeks − costs) × (1 − tax)
Worked example
Using the values pre-filled in the calculator above:
- Hourly rate = 60
- Billable hours per week = 25
- Weeks per year = 46
- Annual costs = 6,000
- Tax rate = 25 %
the calculator returns:
- After-tax income: 47,250
- Revenue: 69,000
- Profit before tax: 63,000
- Monthly after tax: 3,937.5