RateCraft UK

Freelancer & Sole Trader Day Rate & Tax Reserve Tool

HMRC 2026/27 Rates
Target Hourly Rate
£0.00
Target Day Rate (7.5h)
£0.00
Gross Monthly Invoicing
£0.00
HMRC Tax/NI Reserve
25.0%

🎯 1. Desired Take-Home Pay

⏳ 2. True Billable Capacity

UK statutory = 5.6 wks (28 days) + bank hols.
Typical freelancers spend 25-35% on unpaid admin/sales.

💼 3. Business Overheads & Expenses

📊 Annual Financial Breakdown

Gross Turnover Target£0
Annual Allowable Business Expenses£0
Estimated Income Tax (20% / 40%)£0
Class 4 National Insurance (6% / 2%)£0
Pension Reserve£0
Net Take-Home Pay in Pocket£0
💡 HMRC Tax Cushion Advice:

Transfer 25% of every client payment into a dedicated tax savings account on the day you receive it to avoid Self-Assessment shock.