Personal Services Income Hi, could anyone help please? I have a question about personal services income. I have a new business as a sole trader repairing jewellery. Would my income be classed as personal services income? Thanks
7 years ago
Responses
Suresh Rajani
Current Rating: 4.6 / 5
Accountant
Parramatta, NSW
7 years ago
Hi Karen
In all likelihood it would be classes as personal services income as when you are repairing jewellery, 50% or more of what you charge would be for your skill, labour or expertise.