Freelance Rate Calculator

Set an hourly and daily freelance rate from your target income, business costs, insurance and savings, a tax reserve and realistic billable hours, and see cash received after 3% withholding tax.

Monthly invoices = (target take-home + business costs + insurance and savings) ÷ (1 − tax reserve). Hourly rate = invoices ÷ billable hours; day rate = hourly × hours per day. When a juristic-person client withholds 3% on service fees, cash received = invoices × 97%; the withheld amount is credited in your annual return.

Example: a THB 40,000 take-home target plus THB 5,000 costs and THB 3,000 insurance and savings is THB 48,000. With a 5% tax reserve you need THB 50,526.32 of invoices. Over 100 billable hours that is THB 505.26 an hour or THB 4,042.11 a day. After 3% withholding you receive THB 49,010.53.

The tax reserve is an estimate; actual tax is annual and depends on income type, deductible expenses and allowances. Withholding tax is a prepayment, not an extra cost. VAT is excluded if you are VAT-registered. Billable hours are usually fewer than hours worked.