Attributed Personal Service
Personal services income is income that is mainly a reward for your personal efforts or skills and is generally paid either to you or to a personal services entity (a company, partnership or trust). Where the payment has been made to a personal services entity, the income (less any deductions allowable to the personal services entity in gaining or producing the personal services income) will be attributed to you unless:
You can find an explanation of the rules relating to the attribution of personal services income in Taxation Ruling TR 2003/6: Attribution of personal services income
- the personal services entity gained the income in the course of conducting a personal services business, or
- the income has been promptly paid to you by the entity as salary.