Consulting Fees Calculator
Work out your required hourly and day rate from desired take-home, tax, overheads, and billable capacity.
Use the Consulting Fees Calculator
Enter desired take-home, tax, margin, overheads, and capacity (billable hours, utilisation, vacation).
Income & costs
Desired take-home, tax, margin, and overheads.
Capacity
Results
Suggested hourly rate
$159
Day rate (8h)
$1,272
- Required revenue: $143,137
- Annual billable hours: 900
Lower utilisation raises the required rate; higher utilisation lowers it. Adjust assumptions to match your situation.
What this means
The calculator backs into the rate you need to hit a target take-home after tax, overheads, and margin, given your billable capacity.
How to interpret
If the suggested rate is above market, increase utilisation or trim overheads. If it’s below market, you have room to raise rates or take more time off.
FAQs
What is utilisation?▾
Utilisation is the share of working hours that are billable. The rest is admin, biz dev, or non-billable work. Lower utilisation means you need a higher rate to hit the same income.
Why include profit margin?▾
Margin covers risk, reinvestment, and reward. Without it you’re only covering costs and take-home; margin builds a buffer.
How do I set billable hours per week?▾
Estimate how many hours you can realistically charge clients per week after meetings, proposals, and admin. Many consultants use 25–30.
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