ATO logo
Search Suggestion:

Who can income average

Find out if you're eligible for special professional income averaging.

Published 28 May 2025

Income averaging eligibility

You're eligible for special professional income averaging (a concessional tax treatment) if the following applies, you:

  • are an individual who is an Australian resident at any time during the income year
  • are a special professional
  • have satisfied the first-year requirements in either the current income year or an earlier income year.

First-year requirements

The first year you're eligible for special professional income averaging is the first income year that the taxable professional income (TPI) you earn as a resident special professional individual is more than $2,500. This is known as professional year 1.

You don't need to be an Australian resident for every income year since establishing your eligibility for the professional year 1.

Continue to: Types of special professionals

QC104819