If i report PSI but I am a sole trader, can I claim small business offset

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11 July 2023

in the section Business/sole trader, partnership and trust income (including loss details). I put the amount of $ I made as a business, but this is classified as PSI and I selected the ox saying "yes this is PSI" But there is also a section in that section to put your PSI income... and If I do, it then doubles the income because you have listed your "PSI" and your "business" income, but its the same.

So if you just leave it as business income, which it, as a sole trader, and classed as PSI, does that mean I can claim the Small Business Tax Offset?

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