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Day Rate Calculator

Work out exactly what you need to charge per day to hit your income goals. Factor in expenses, holidays, and tax to set a day rate that actually works.

Your Income Goal

Working Pattern

Annual Business Expenses

Tax Structure
Your required day rate
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per day (ex-VAT)
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Hourly Rate (8hr)
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Monthly Income
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Effective Tax Rate
Annual Breakdown
Desired Take-Home Pay --
Estimated Tax & NI Sole Trader --
Business Expenses --
Gross Annual Revenue Needed --
Chargeable Working Days --
Required Day Rate --
Estimate only. Tax calculations are simplified approximations based on 2025/26 UK tax rates and thresholds. Your actual tax liability depends on many factors. Always consult a qualified accountant for personalised tax advice.

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How to Set the Right Day Rate as a UK Tradesperson

Setting your day rate is one of the most important decisions you will make as a self-employed tradesperson. Charge too little and you will struggle to cover your costs. Charge too much and you may price yourself out of work. This guide helps you find the right balance.

The True Cost of Being Self-Employed

Many tradespeople compare their day rate to what they earned as an employee and assume they are better off. But self-employment comes with significant costs that employed tradespeople do not pay:

  • Van and vehicle costs -- finance, insurance, fuel, maintenance, road tax (typically £4,000-£7,000/year)
  • Insurance -- public liability, professional indemnity, tool cover (£1,000-£3,000/year)
  • Tools and equipment -- replacement and upgrades (£1,000-£3,000/year)
  • No paid holidays or sick pay -- you only earn when you work
  • No employer pension contributions -- you need to fund your own retirement
  • Admin time -- quoting, invoicing, chasing payments, bookkeeping

Working Out Your Chargeable Days

A common mistake is dividing your income target by 365 or even 260 (weekdays). In reality, after holidays, bank holidays, sick days, and admin time, most tradespeople have around 220 to 240 chargeable days per year. If you work a 4-day week, that drops to about 180 days. This calculator works out your exact chargeable days based on your working pattern.

Day Rate vs Job Pricing

Your day rate is a useful internal benchmark for pricing work. Most experienced tradespeople use it to estimate how long a job will take and then quote a fixed price to the client. For example, if your day rate is £250 and a job will take 3 days, you know you need to charge at least £750 plus materials. Tools like QuoteSmith can help you turn this calculation into a professional proposal that wins the job.

Regional Day Rate Comparison

Day rates vary significantly across the UK. London rates are typically 25-40% higher than the national average to reflect higher living costs and travel expenses. Northern England, Scotland, and Wales tend to be lower. Your day rate should reflect your local market while ensuring you cover your costs and earn a fair living.

Frequently Asked Questions

Common questions about day rates for UK tradespeople.

What is the average day rate for a tradesperson in the UK?

Average day rates for UK tradespeople in 2025 range from £150 to £350+ depending on the trade and region. Electricians typically charge £200-£300 per day, plumbers £200-£280, general builders £180-£250, carpenters £180-£250, and painters £150-£220. London rates are typically 25-40% higher.

How do I work out what to charge per day?

Start with your desired take-home pay. Add your annual business expenses (van, insurance, tools, fuel, accountant, phone). Add estimated tax and National Insurance. Divide the total by your number of chargeable working days (typically 220-240). This gives you the minimum day rate you need to charge.

How many working days should I plan for in a year?

Most tradespeople work around 220-240 chargeable days per year. There are 260 weekdays. Subtract 8 bank holidays, 20-25 days holiday, and allow for 5-10 days of sickness, admin, and quiet periods. For a 5-day week with 4 weeks holiday, that is about 228 chargeable days.

Should I charge the same day rate for every job?

Not necessarily. You might adjust based on the type of work, the client (commercial vs domestic), travel distance, job duration, and market conditions. Use your calculated day rate as a baseline and adjust from there. Specialist or urgent work can command a premium.

Is it better to charge a day rate or quote per job?

Both approaches work. Day rates are simpler and protect you if a job overruns. Per-job quotes are preferred by most customers for cost certainty. Many experienced tradespeople use their day rate internally to price jobs, then present a fixed quote to the customer.

How much tax will I pay as a sole trader tradesperson?

As a sole trader in 2025/26, you pay 0% income tax on the first £12,570 (personal allowance), 20% on £12,571-£50,270, and 40% above £50,270. You also pay Class 2 NI (£3.45/week) and Class 4 NI (6% on profits between £12,570-£50,270, 2% above). Your effective rate depends on your total profit after expenses.

What business expenses can tradespeople claim?

Common allowable expenses include: van costs (fuel, insurance, servicing), tools and equipment, workwear and PPE, public liability insurance, accountant fees, phone and internet (business portion), materials, training and certifications, and marketing costs. Keep receipts for everything.

Should I set up as a sole trader or limited company?

For most tradespeople earning under £50,000 profit, sole trader is simpler and cheaper. Above £50,000, a limited company can be more tax-efficient through salary and dividends. However, limited companies have more admin and costs. Speak to an accountant about your specific situation.

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