IS 19/02
Issued
17 Apr 2019

Income tax - attribution rule for income from personal services

This item makes minor amendments to and replaces IS 18/03 Income Tax – Attribution Rule for Income from Personal Services. The updated item clarifies what income is included in the various threshold tests, and that the $70,000 threshold test includes all sources of the working person’s income (not only personal services income). An example is included to show how this works. Other minor clarifications relate to the associated entity’s income being from the provision of personal services, and also in respect of the relevant depreciable property.