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Hourly rate calculator

What should you charge per hour?

Plug in your income goal, overheads and billable hours. We'll work out the charge-out rate that actually covers it all — tax, super, downtime, the lot.

Your numbers

Default values work for most solo trades — adjust to your reality.

$

What you want to actually put in your pocket for the year.

$

Van, fuel, insurance, phone, software, tools, accountant, marketing.

52 – holiday – sick. Typical is 44–48.

Total hours you're available to work, not just billable.

%

Most tradies bill 60–70%. The rest is quotes, admin, travel, parts pick-up.

%

Extra on top for growth, equipment, slow weeks. 10–20% is healthy.

%

12% from 1 July 2025 (ATO). Sole traders can skip if not paying self.

Changes how tax is calculated on gross income.

Your hourly rate should be

$0

Charge this much per billable hour to hit your goal.

$0
Revenue needed / year
0
Billable hours / year
$0
Your gross income
$0
Estimated tax + Medicare

Breakdown

ComponentAnnual $Per billable hour
Reality check. If this number looks scary, you're not alone — most tradies undercharge by 20–30%. The alternative is working 60-hour weeks to break even. Round up to the nearest $5, not down.

Email me this as a PDF summary

We'll send a one-page PDF with your numbers + a pricing cheat sheet. No spam.

How this works

Your charge-out rate has to cover four things, not one:

  1. What you want to take home — after tax, after everything.
  2. The tax you'll pay to get to that take-home (ATO brackets for 2025–26).
  3. Running the business — the van, insurance, phone, software, accountant.
  4. Super + a profit buffer — for slow weeks, new tools, growth.

We add those up, then divide by your billable hours — not every hour you're awake. A 45-hour week at 65% billable is really about 29 paid hours. That's why the number often looks higher than a PAYG wage.

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