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Insert6(Newbie)Newbie
10 July 2025

I am completely bamboozled by the questions related to business or psi income. I run a business providing professional services as a sole trader. I find myself going round and round in circles clicking on links for this test and that test, and end up drowinging in the contradictions of the answers I get. In previous years I have not satisfied the PSI test. I don't know how. There doesn't seem to be a tool for assessing this any more - rather there are endless pages of information with embedded links that take me to more pages of information.

I just want to know how to navigate the myTax portal without repeatedly told I entered the wrong information on the previous page, or that I have still to answer questions that provide no explanation of what they mean.

If I provide private tutoring to 15 different clients, by myself, from my home, charging an hourly rate, what should I be selecting on each of the myTax pages, to get through without unintentionally lying or missing information?

444 views
1 replies
444 views
1 replies

All replies

Taxduck(Taxicorn)Taxicorn
11 July 2025

Appears as if you have a personal services business (PSB). At section below

myTax 2025 Business and professional items | Australian Taxation Office

Steps

  1. Did you receive PSI - yes.
  2. Do you satisfy the results test - no
  3. Have you received a personal services business determination.. - no
  4. Did you receive 80% of your PSI from more than one source - yes.

Then go to step 6.

Will eventually take you to this section

myTax 2025 Net income or loss from business | Australian Taxation Office

Complete business income and expenses.

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PSI vs business income for a sole trader | ATO Community