Day Rate Calculator — Australia

Find the gross day rate you need to charge as a Australia freelancer or contractor to hit your target take-home pay after Income Tax and Medicare Levy. This free calculator factors in 2024/25 tax rates, your billable days per year, and allowable expenses.

How Day Rate Is Calculated

  • Working assumption: 46 weeks per year × 4 billable days = 184 billable days
  • Deductions: Income Tax + Medicare Levy calculated at 2024/25 rates
  • Allowances: Personal allowance and standard ATO reliefs applied automatically
  • Result: Required gross day rate, hourly rate (÷8), and monthly invoicing target

How to Use This Calculator

  1. Enter your desired annual take-home pay
  2. Adjust billable weeks and days per week to match your working pattern
  3. Optionally add allowable annual expenses to reduce your taxable income
  4. See your required gross day rate, hourly rate, and monthly target

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