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  • Personal services income schedule

    Attention

    Warning:

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

    End of attention

    There are special rules for the income tax treatment of certain personal services income (PSI) earned by contractors and consultants.

    If the partnership received an individual's PSI, complete item 30 'Personal services income' on the partnership tax return. Complete a Personal services income schedule 2012 (PSI schedule) and attach it to the tax return. For more information on the PSI rules, see the instructions that accompany the PSI schedule.

    If a subsidiary member of a consolidated or MEC group must lodge a company tax return for any non-membership periods during the year of income, that company may also need to lodge a Personal services income schedule 2012 for the non-membership periods. For information about reporting multiple non-membership periods during the year, refer to the Consolidation reference manual - then select 'Part C - Detailed information' - 'C9 - Determine tax liabilities, determine obligations' - 'C9-5-110'.

    Last modified: 12 Feb 2019QC 25837