Freelance Income Calculator

What this tool does

The Freelance Income Calculator estimates your gross revenue, expenses, tax reserve, and take-home pay. Enter your rate, billable hours per week, working weeks, annual expenses, and a tax buffer percentage.

Freelancers often confuse revenue with income. Revenue is what clients pay; take-home is what remains after expenses and taxes. This calculator makes that distinction explicit so you can plan on realistic numbers.

The tool includes a clear disclaimer: it is an estimate for planning, not tax or financial advice. Consult a qualified professional for your actual obligations.

How to use it

1. Enter your hourly or project-equivalent rate.
2. Add billable hours per week and working weeks per year.
3. Enter annual business expenses and a tax buffer percentage.
4. Read gross revenue, expenses, tax reserve, and estimated take-home.

How it works

• Gross revenue = rate × billable hours × working weeks.
• Tax reserve = (gross revenue − expenses) × tax buffer percentage.
• Take-home = gross revenue − expenses − tax reserve.

Example

Rate $90/hour, 25 billable hours/week, 46 weeks, $5,000 expenses, 25% tax → $103,500 revenue, $5,000 expenses, $24,625 tax reserve, $73,875 take-home.

Common questions