Item 14 - Personal Services Income (Individual Return) 2023

You should only complete item 14 if you are a sole trader conducting a personal services business.

If you complete item 14, then item P1 is mandatory and must be answered.

If you work for such a company and receive Personal services income as an employee, then you should enter that income at item 9.

Click the relevant label at G, H or J or press Enter at the field to open the Business income statements and payment summaries (bip) 2023.

You cannot enter information directly at these labels . Both the income amounts and any tax withheld amounts will filter through to the relevant labels in the return:

G, H, J and A at item 14, and
M, N, O at item P1

Label G - Tax withheld - voluntary agreement

Did the taxpayer receive personal services income from which tax was withheld under a voluntary agreement?

Click label G to open the Business Income statements and payment summaries (bip)

Select:

Income type P, and
Payment type 003.

If you use the Business income and deductions worksheet (Schedule B), you must enter again in Schedule B the same amounts as entered in the bip

Label H - Tax withheld where ABN not quoted (PSI)

Did the taxpayer receive personal services income from which tax was withheld where no ABN was quoted?

Click label H to open the Business Income statements and payment summaries (bip) (PS)

Select:

Income type P, and
Payment type 012.

If you use the Business income and deductions worksheet (Schedule B), you must enter again in Schedule B the same amounts as entered in the bip.

Label J - Tax withheld - labour hire or other specified payments (PSI)

Did the taxpayer receive personal services income from which tax was withheld under a labour hire arrangement or other specified payments?

Click label J to open the Business Income statements and payment summaries (bip)

Select:

Income type P, and
Payment type 001.

If you use the Business income and deductions worksheet (Schedule B), you must enter again in Schedule B the same amounts as entered in the bip.