Profit Extraction Calculator
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Built on Dunstan Thomas’ Innovi Web Services framework utilising cloud technology and a microservice architecture, the profit extraction calculator is designed to help company directors work out the best option for taking their gross profit out of their business. It gives the results of three options:
- Take the profit as salary or bonus.
- Take the profit as dividends.
- Use profit to make employer pension contribution and take benefits as Pension Commencement Lump Sum (PCLS, also known as tax-free lump sum) and income.
The company profit calculator can be consumed via API or through iFraming with no more than 16 lines of code, whilst still supporting configuration and branding.
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