Income from a business structure

Personal services income (PSI) is income that is mainly (more than 50%) a reward for your personal efforts or skills.

PSI is to be distinguished from income that is mainly from any of the following:

  • the use of assets (for example, a semi-trailer or bulldozer)
  • the sale of assets (for example, trading stock)
  • a business structure.

This information will help you decide whether your income is PSI or if it is income generated by a business structure.


When we say 'you' or 'your business', we mean the entity you operate through, whether that is as a sole trader, or through a company, partnership or trust.

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Personal services income

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    Last modified: 14 Sep 2016QC 17521