If PSI is received by a company (personal services entity), it is still treated as the individual’s PSI for tax purposes.
from imported financials
Include the attributed PSI amount at item 7 – label Q "Other income not included in assessable income"
Note: If the PSI is not assessable to the company but must be included in the individual’s tax return.
Financial Statement -
Note, that if all the income is PSI income, then the full PSI amount is attributed to the service provider. Be sure to prepare & lodge a PAYG Payment Summary.
