Typical working pattern
Monthly revenue of £8,660 over 4.33 five-day weeks is equivalent to £400 per day.
Free UK contractor calculator
Monthly Revenue to Day Rate Calculator
Convert gross monthly revenue into equivalent day rate using your expected billable working pattern.
- Formula verified
- No sign-up
- GBP
Quick answer
How this calculator works
Day rate = monthly revenue ÷ (working weeks per month × billable days per week). The result is rounded to the nearest penny using half-up rounding.
Your result
Equivalent day rate
£—
Your result will appear here.
Assumptions and limitations
- The day rate 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
Adjust for your schedule
Change the billable time assumptions to see how the equivalent day rate changes.
Frequently asked questions
Does this estimate take-home pay?
No. This converts gross monthly revenue to gross day rate; 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.