A freelance week
Five days of work, an hourly rate, and the question everyone actually has: what lands in the bank. This is one document you can paste and edit, rather than four separate sums.
8h15m #worked7h45m #worked8h30m #worked8h00m #worked6h15m #workedtotal of #worked in hours // 38.75 hoursprev at £65/hour // £2,518.75prev - 20% // £2,015.00Change any day and every line below it follows.
What each line is doing
Section titled “What each line is doing”8h15m is a duration written the way a timer prints one. 8h 15m means the
same thing; use whichever you have to hand. See time.
#worked is a category tag. It marks a line as belonging to a group, and it
does not change what the line is worth. See
category tags.
total of #worked adds up every line carrying that tag, wherever it sits in
the document. in hours converts the total, which arrives in minutes because
that is the unit durations are counted in.
prev is the result of the line above. It saves naming a variable for a
number you are only going to use once. See
line references.
at £65/hour multiplies a duration by a rate and gives money. The rate
carries its own unit, so the hours and the rate agree without you converting
either. See rates and speeds.
- 20% takes twenty percent off. It is a flat rate stated on the line, which
is the right shape here: a real tax position depends on your allowances, your
other income and where you live, and none of those are on this page.
If you want the bands instead of a flat rate
Section titled “If you want the bands instead of a flat rate”For a UK salary rather than a flat percentage, after tax runs the HMRC income
tax and National Insurance bands. It takes pounds, because those bands are
British, and everywhere else states its own rate.
£50,000 after tax // £39,519.60£50,000 after 20% tax // £40,000.00See payroll for which year’s figures those are and what they deliberately do not cover.
Changing the shape of the week
Section titled “Changing the shape of the week”The document is not fixed to five days or to one rate. A tag can hold any number
of lines, so a six-day week is one more line with #worked on it. Two rates
means two tags.
The forms mix freely: an aggregate adds durations however they are written, so
6h, 6h00m and 3h30m all combine into one total. What it refuses is adding
different measures, so a stray 6kg among your hours is a refusal
(INCOMPATIBLE_UNITS) rather than a guess.
6h00m #client-a3h30m #client-a4h00m #client-btotal of #client-a in hours at £65/hour // £617.50total of #client-b in hours at £80/hour // £320.00