Calculate an hourly rate from your income target, expenses and billable hours.
The income target is before income tax, National Insurance and personal contributions, not personal take-home pay. Use the same month for all figures.
Complete the fields and select Calculate result. Enter 0 for costs that do not apply.
Calculated from your inputs. Figures are not saved or imported from your books. All amounts are in ILS. Results are rounded to two decimal places.
Add your monthly income target to monthly business expenses, then divide by the hours you can bill to clients in that month.
An ILS 15,000 income target plus ILS 5,000 in expenses, with 100 monthly billable hours, requires ILS 200 per hour before VAT.
Enter only hours you can charge clients for. Marketing, administration and time off reduce your available billable hours.
Use Makor to issue quotes, invoices and receipts and manage your business documents.
Create a Makor account