How much does Upwork charge freelancers?

Upwork charges a flat 5% service fee on all contracts as of 2024 — one of the lowest rates among major freelance platforms.

How much does Fiverr take from earnings?

Fiverr takes 20% from every transaction. If a client pays $100, you receive $80 after the platform fee.

What tax rate do freelancers pay?

Freelance tax rates vary by country. USA freelancers pay 25-37% federal tax plus self-employment tax (15.3%). UK freelancers pay 20-45% income tax. Most countries charge 20-35% on freelance income.

Which freelance platform has the lowest fees?

Direct clients have 0% fees. Among platforms: Upwork (5%), Guru (9%), Freelancer.com (10%), Fiverr (20%). TakeHome Pro lets you compare all platforms side by side.

How can I reduce taxes as a freelancer?

Deduct all legitimate business expenses: home office, equipment, software, subscriptions, and professional development. Contributing to a retirement account (IRA, SEP-IRA) also reduces your taxable income significantly.

How much do I need to charge to take home a certain amount?

Use TakeHome Pro's Rate Finder feature — enter your desired net income and it reverse-calculates the gross rate you need to charge, accounting for both platform fees and taxes.

Is TakeHome Pro free to use?

Yes, TakeHome Pro is 100% free with no signup required. All features including tax calculations, currency conversion, and platform comparison are completely free.

Which countries does TakeHome Pro support?

TakeHome Pro supports 31 countries including USA, UK, Canada, Australia, Germany, France, India, Russia, Ukraine, UAE, Singapore, Poland, Portugal, Spain, Switzerland, Sweden, Norway, Japan, Brazil, Mexico and more.

Freelance Tax Calculator — Free | TakeHome Pro

TakeHome Pro — Free Freelance Tax CalculatorCalculate your real freelance take-home pay after taxes and platform fees. Supports 31 countries and platforms including Upwork, Fiverr, Freelancer, and Guru. Free, no signup required.Please enable JavaScript to use the calculator.