Australian contractor planning

Australian contractor day-rate calculator

Turn a daily contract rate into annual revenue and a simple before-tax income estimate.

Contract day rateBillable days per monthWorking months per yearEstimated annual business costs

Include accounting, insurance, software, equipment and time not available to bill. Enter rates exclusive of GST if that is how you quote.

Estimated annual contract revenue

$138,600.00

Average before personal tax: $10,550.00 per month

Annual contract revenue: $138,600.00
Estimated business costs: −$12,000.00
Before personal tax and super: $126,600.00
Equivalent billable days a year: 198

Important: this is a revenue planner, not a tax return. It excludes GST, income tax, Medicare levy, PAYG instalments, company tax, super obligations, deductions and employment-status rules.

How to use a contract day rate

A contractor does not normally bill every weekday. Allow for annual leave, public holidays, sickness, sales time, gaps between projects and business costs before comparing a contract day rate with an employee salary.