IT Contractor on PSI with two jobs - No ABN

 Author: pyramid(Newbie)Newbie

14 Sept 2023

I am IT contractor and received PSI income from two recruitment agency as I worked for 6 months with each of them.

Now am trying to lodge my tax and getting really confused with PSI and all.

I am in section "Business/sole trader, partnership and trust income (including loss details)"

1. Did you receive any personal services income?  Yes
2. Did any activity satisfy results test? No
3. Have you received a personal services business determination(s) that was in force for the whole of the period you earned PSI? * No
4. Did you receive 80% or more of your PSI from one source? Yes
5. Did you satisfy the unrelated clients test? Yes (Because I worked for two different client for 6 months each)
6. Did you satisfy the employment test? No
7. Did you satisfy the business premises test? No
8. Main business or professional activity - Other information Service

Now remaining questions are confusing:

Number of business activities * - I was on labor hire so not sure how many business activities i should put here

Status of business * - I am on PSI so what should be status of business.

Main business name and ABN - If I have not conducted business what to put in these questions?

Reply0 likes

326 views

1 replies

• Report as inappropriate

326 views

1 replies