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  • Business and professional items 2019

    About these instructions

    Business and professional items 2019 will help you fill in the Business and professional items schedule for individuals 2019.

    In these instructions, we provide information about:

    • streamlined provisions for small business entities
    • personal services income (PSI)
    • business income you must show on the schedule
    • deductions you may be able to claim.

    Who should use these instructions?

    Use these instructions if you are an individual who completed items 14, 15 or 16 on your tax return (supplementary section). You may also need to use these instructions if you have a net loss from a business activity carried on in partnership with others.

    If you are required to complete the Business and professional items schedule for individuals 2019 you cannot lodge a paper tax return. You must lodge your tax return using myTax or through a registered tax agent.

    Publications and services

    To find out how to get a publication referred to in these instructions and for information about our other services, see More information.

      Last modified: 30 May 2019QC 58627