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Free Business Money Toolkit

Four quick calculators for Australian businesses. Job profit, true charge-out rate, EOFY deductions and a 4-week cash-flow forecaster — all free, all in your browser, no email required.

Tool 2 · True Charge-Out Rate

True Charge-Out Rate Calculator

Businesses can undercharge because they forget overheads and unbillable time. This works out the honest minimum.

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Typical full-time = 1400 after leave & downtime.

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Rule of thumb: if your true rate is well above what you're currently charging, either raise prices, reduce overheads, or sell more billable hours.

$167/hr
Minimum charge-out rate
True cost of the person$48/hr
Overhead recovery / hr$86/hr
Cost to break even$133/hr
Verdict: Charge at least $167/hr on billable time to hit your 20% profit target.

Enter the hourly pay rate, employment on-costs, annual overheads and realistic billable hours, then choose your target profit margin. Use matching overhead and billable-hour figures for the person or team you are costing.

The result is an indicative hourly charge excluding GST that covers those costs and your target margin. Compare it with your current rate, and revisit the inputs when wages, overheads or billable hours change.