Personal Services Income
Overview
Master the complexities of personal services income (PSI) provisions with confidence—essential for tax professionals and businesses of all sizes!
The personal services income (PSI) provisions have been in place for many years, but still cause concern for many tax professionals. The rules have a wide reach and can affect many individuals and businesses (irrespective of their size).
A working knowledge of the PSI rules, including an understanding of the more common pitfalls is important for professionals from both large and small firm backgrounds.
The session will cover:
- ‘refresher’ on personal services income (PSI) regime
- personal business entities & alienation of PSI
- personal services business tests
- PSI & agents
- personal services business determinations
- interaction with general anti-avoidance rules
- avoiding common mistakes
Learning Outcomes:
Provides a refresher on the PSI regime, covering personal service entities (PSE’s) and the alienation of PSI.
Suited to:
This session is suitable for all accounting and taxation professionals that require a practical understanding of the rules and how to apply them.
This On Demand Includes:
- Recording of the Live Webinar, which can be viewed multiple times
- PowerPoint Presentation
- Verbatim Transcript, with Searchability
- Supporting Documentation
- CPD Quiz
- CPD Certificate
Course syllabus
3 lessons
- Video – Personal Services IncomeVideo
- Feedback Survey 2024Survey
- Knowledge QuizTest
Your presenter
Crowe Australasia, an affiliate of FindexCrowe Australasia
is the largest provider of practical accounting, audit, tax, business and financial advice to individuals and businesses from a network of over 80 offices throughout the country. The firm’s team of 300 Principals (approx.) and professionals deliver a full range of accounting including, audit and taxation, business advisory, corporate finance and wealth management services from offices in the cities of Sydney, Melbourne, Brisbane, Canberra, Perth, Auckland, Wellington and major regional centers in Australia and New Zealand.