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PSI Extraction Scenarios

Rake Documentation Article

Want to see how this works in practice? Try it directly inside the Rake app.
Launch PSI Extraction Scenarios Dashboard

📋 Overview

This modeling sandbox allows corporate contractors categorized as a Personal Services Business (PSB) to simulate different profit distribution methods, helping minimize total tax drag across corporate and individual tax brackets.

⚙️ Run an Extraction Model

  1. Adjust the Target Extraction slider to set your desired net cash transfer
  2. Input any external personal income or dedicated deductions
  3. Add planned personal concessional super contributions
  4. The calculator models individual marginal brackets vs corporate tax rates in real-time

📑 Field Definitions

FieldTypeDetails
Target ExtractionCurrencyTotal cash volume intended for distribution as franked dividends
Retained Pre-TaxCurrencyRemaining profit inside the company, taxed at 25% corporate rate
Tax Saved / DeferredCurrencyNet tax reductions or deferral advantages from company retention

🔗 System Interrelationships

This module is locked down by compliance rules defined in Tax Planning. If your assessment determines you fail PSB criteria (meaning you are bound by strict individual PSI attribution rules), Rake disables this sandbox — blocking you from modeling company profit retention when the law requires all income to be attributed directly to you as an individual.

💬 Need Custom Tax or Business Advice?

Rake provides automated tooling and estimations, but we always recommend reviewing your structures with a certified Australian accountant.

✉️ Still have questions about the platform?

Reach out to support at connect@getrake.au

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