PSI Versus PSB - April 2025 (3 Hours of CPD) 1 Hour CPD Balancing Charge Adjustments

Balancing Charge Adjustments

Comprehensive overview of the capital gains tax principles relevant to winding up trusts

Comparative analysis of the core business vehicles and tips and traps relevant to each

GST & Real Property

Commissioner Of Taxation’s Term

PSI Versus PSB - April 2025 (3 Hours of CPD) 1 Hour CPD Balancing Charge AdjustmentsFollowing the introduction of the PSI regime in 2000 there was widespread acceptance that if you passed the PSI tests and were a PSB that you could stream your professional income. More recently the ATO has released a number of rulings that have talked about streaming income whether under the PSI regime or as a PSB. Their views are certainly not in line with the overall view of the accounting industry. So it is certainly time to revisit all the rules