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  • Taxable professional income

    Attention

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    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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    TPI is the amount - if any - remaining after taking away from your assessable professional income:

    • the total of the deductions that reasonably relate to your assessable professional income, and
    • a part of any apportionable deductions - for example, gifts to charity which you have shown at item D9 on your tax return.
    Last modified: 07 Mar 2016QC 27986