Accounting for Contractors, Including the PSI Rules Employers Never Had to Explain
ABN setup, PSI assessment and deduction guidance for Parramatta, Norwest and Blacktown contractors and consultants.
Everything Your Contracting Business Needs
Frequently Asked Questions
What is PSI and how does it affect me?
If most of your income comes from your labour, PSI rules can limit deductions and structuring options — we assess this properly for your situation.
What can I claim now that I couldn't as an employee?
Often more than people expect — but it depends on your setup, so we review it individually rather than handing over a generic list.
Do I need to pay my own super now?
Generally yes, unless you're captured by specific contractor super rules — we'll clarify what applies to you.
Should I invoice as a sole trader or through a company?
Depends on your income, PSI position and risk exposure — we'll walk you through which setup actually suits your situation.
Book a free 20-minute chat.
Let’s discuss your business goals and explore how we can simplify your accounting and bookkeeping.
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