Free UK contractor calculator

Hourly Rate to Monthly Revenue Calculator

Convert gross hourly rate into equivalent monthly revenue using your expected billable working pattern.

Quick answer

How this calculator works

Monthly revenue = hourly rate × billable hours per week × working weeks per month. The result is rounded to the nearest penny using half-up rounding.

Rate converter

Calculate monthly revenue

Enter the hourly rate and the working-pattern assumptions used in the conversion.

Your gross hourly rate before tax and expenses.

Use the hours you expect to bill in a typical week.

Use the average number of working weeks represented by a month.

Your result

Estimated monthly revenue

£—

Your result will appear here.

Assumptions and limitations

  • The monthly revenue is a gross equivalent before tax, pension contributions, agency fees and business expenses.
  • All working-pattern values are editable assumptions and should reflect time you expect to bill.
  • The calculation does not add holiday, sick leave or other employment benefits.

Sources

No external rates or thresholds are used in this calculation.

Examples

Typical working pattern

At £50 per hour, 40 billable hours and 4.33 weeks, estimated monthly revenue is £8,660.

Adjust for your schedule

Change the billable time assumptions to see how the equivalent monthly revenue changes.

Frequently asked questions

Does this estimate take-home pay?

No. This converts gross hourly rate to gross monthly revenue; it does not deduct tax, fees or expenses.

Which working pattern should I use?

Use time you realistically expect to invoice, excluding unpaid leave, gaps between contracts and non-billable work.