Calculator OS

Free UK contractor calculator

Day Rate to Annual Revenue Calculator

Estimate gross annual contractor revenue from your day rate, billable week and working year.

Quick answer

How this calculator works

Estimated annual revenue = day rate × billable days per week × working weeks per year. The result is rounded to the nearest penny using half-up rounding.

Rate converter

Estimate annual revenue

Enter your day rate, expected billable days and realistic working weeks.

Your gross rate for one billable working day.

Use the days you expect to invoice in a typical working week.

Allow for holidays, sickness, administration and gaps between contracts.

Your result

Estimated annual revenue

£—

Your result will appear here.

Assumptions and limitations

  • Every selected day is fully billable at the entered day rate.
  • The estimate is gross business revenue before tax, expenses, fees and unpaid time.
  • Working weeks should be reduced for leave, sickness, administration and expected contract gaps.

Sources

No external rates or thresholds are used in this calculation.

Examples

Forty-six-week year

A £500 day rate across 5 days for 46 weeks produces £115,000 gross annual revenue.

Frequently asked questions

Is this the same as salary?

No. This is gross business revenue and excludes employment benefits, tax, expenses and non-billable time.

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