Eight-hour day
An hourly rate of £50 over 8 billable hours is equivalent to a £400 day rate.
Free UK contractor calculator
Convert an hourly contractor rate into the equivalent gross day rate using the number of billable hours you expect to work.
Quick answer
Equivalent day rate = hourly rate × billable hours per day. The result is rounded to the nearest penny using half-up rounding.
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Equivalent day rate
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No external rates or thresholds are used in this calculation.
An hourly rate of £50 over 8 billable hours is equivalent to a £400 day rate.
An hourly rate of £60 over 7.5 billable hours is equivalent to a £450 day rate.
No. It is a gross rate conversion only and does not estimate take-home pay, tax, fees or expenses.
Use billable working hours. Exclude unpaid breaks and any time that you cannot invoice to the client.