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New rules prevent alienation of income and deny deductions: how to guide your clients providing personal services

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Published on 31 May 00 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE

From 1 July 2000, taxpayers providing personal services through entities, or directly under contract other than as employees, must cope with rules that limit income splitting and deductions. The focus of this paper is on the legislative machinery which implements the new Personal Services Income regime, its practical scope, and the measures which are required in order to test taxpayer situations against the measures and - where the measures apply - provide guidance to either restructure or compliance.

Author profile

Harry Rigney
Study Period 1 2017 Subject Convenor ATL002 CommLaw1 ATL005 CommLaw2 ATL006 CommLaw3 Harry has specialised since 1981 in taxation research, advising and the implementation of taxation solutions. He holds a Graduate Diploma in Education from the University of Adelaide and degree of Master of Laws from Harvard Law School. Harry has been a registered tax agent since 1982 and a member of The Tax Institute for more than 25 years. Harry is a lawyer, accredited as a specialist in taxation law. His experience has been developed through senior positions in professional firms, with responsibilities in achieving national quality assurance standards for firm-wide taxation consulting and compliance. His background includes several years as national tax director for PKF, senior tax manager for PricewaterhouseCoopers and, at the commencement of the capital gains tax and fringe benefits tax regime, a spell as special taxation consultant to a predecessor firm to KPMG. Harry has formally taught taxation and related law at University of Adelaide, Queensland University of Technology, Central Queensland University, University of New England and University of Queensland, with course preparation for ATAX at University of New South Wales. Harry was voted Best in Australia for Superannuation Tax Issues in the Acquisition International Tax Awards 2015 and Superannuation / Trusts Lawyer of the Year in the ACQ Global Awards 2014. - Current at 22 June 2017
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