Tax year 2026/27

Billable Rate Engine

Overheads, tax, non-billable hours and time off folded into a minimum hourly rate.

Desired take-home£45,000

Annual overheads£8,000

Effective tax rate30.0%

Profit margin20.0%

Billable hours / week25 hrs

Working weeks / year46 weeks

Minimum hourly

£79/hr

Day rate (8h)

£629/day

Gross revenue target

£90,357

Billable hours

1,150 hrs

Tax on personal income

£19,286

Utilisation vs 40h

62.5%

Revenue allocation

Take-homeTaxOverheadProfit