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Profit extraction calculator
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Profit extraction calculator

Profit extraction calculator

While profits of a company remain undrawn, they are sheltered from income tax. Getting them into the hands of director shareholders can be achieved in a number of ways, e.g. salary, dividends and benefits. Each method results in different tax and NI liabilities for the company and director shareholders. Only by looking at their combined position can you plan the most tax-efficient way of getting money out of a company.

How to use the calculator

Our calculator works out the tax and NI consequences of withdrawing profit for the company as a director shareholder. You can choose a combination of methods to suit the director shareholder’s circumstances and make calculations based on pre-tax and NI amounts or work backwards from a net sum.

 

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