Craft Hourly Rate Calculator

The hourly rate a maker needs to charge, from a target income, the hours worked and the share of them that is billable.

Income you want to take out

The amount that reaches you, before tax, over a year.

Business costs the work must cover

Insurance, tools, software, the website, the accountant, the workshop share. Added to the income before the division.

Weeks you will actually work weeks

Fifty two minus holidays, illness and the quiet weeks. Forty six is a fair figure for a sole trader.

Hours a week you can give it h

All the hours, billable and not.

Share of those hours that is billable %

Most sole traders find 50 to 70 percent. Measure it with a timesheet for two ordinary weeks rather than guessing.

Hours in a working day h

Used for the day rate.

The rate you would like to charge

Optional. Used to work out how much of your time would have to be billable for that rate to produce the income.

Reset

Free calculator by Handcraft worked examples and methodology No account, nothing stored.