Free tool · Operations
Freelancer Hourly Rate Calculator
Work backwards from your target income, expenses, and billable hours to the hourly rate you need to charge as a sole proprietor.
Find the hourly rate you need
How this is estimated: your take-home target is grossed up by your tax and CPP set-aside, added to business expenses, then divided by your billable hours. Income tax and CPP depend on your bracket and province or territory — set aside a percentage and confirm current rates on CRA — small businesses and self-employed income. GST/HST is separate if you are registered.