Calculator
Charge-Out Rate Calculator
Work out your ideal hourly or daily charge-out rate based on your target income, working hours, and business costs.
How to Use
Enter your target annual income — the amount you want to earn before personal tax.
Add your annual business costs — van, insurance, tools, training, and accountancy fees.
Set your billable hours per week. Be realistic — not all your time is chargeable (quoting, travel, admin).
Adjust working weeks per year to account for holidays and downtime.
Your hourly and daily rates are calculated automatically. Add VAT on top if you are registered.
About This Calculator
This charge-out rate calculator helps electricians set the right hourly and daily rates. Enter your target annual income, expected billable hours, and business costs to calculate the minimum rate you need to charge. Compare your rate against UK averages to ensure you are competitive.
Frequently Asked Questions
What is a typical electrician charge-out rate in the UK?
How many hours should I assume are billable?
Should I charge hourly or daily?
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