Personal services income

Claiming deductions when receiving PSI

Earning personal services income (PSI) may affect the types of deductions you can claim.

PAYG payment summary - business & personal services income

Complete this payment summary to provide details of amounts you have withheld from business and personal services income for the 2009–10 and later years (NAT 72545).

PAYG when receiving PSI

If you or your business receives personal services income (PSI), you may have additional PAYG withholding obligations.

PSI - obtaining work through an agency

Obtaining work through an agency can affect whether the personal services income (PSI) rules apply to your income.

Personal services income

Personal services income, defined as a reward for, or the result of, your personal efforts or skills, can affect tax obligations for contractors and consultants.