Eight-hour day
A £400 day rate over 8 billable hours is equivalent to £50 per hour.
Free UK contractor calculator
Convert a gross contractor day rate into an equivalent hourly rate using your billable working hours.
Quick answer
Equivalent hourly rate = day rate ÷ billable hours per day. The result is rounded to the nearest penny using half-up rounding.
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Equivalent hourly rate
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No external rates or thresholds are used in this calculation.
A £400 day rate over 8 billable hours is equivalent to £50 per hour.
No. Use the hours you can actually invoice to the client.