Home Forums Starting your journey Best structure for my side projects Reply To: Best structure for my side projects

#1224414
jayen
Member
  • Total posts: 23

i am not an accountant, but my understanding is that a company will NOT save you any money in taxes, even if the company tax rate is lower than your marginal rate.

https://www.ato.gov.au/Business/Personal-services-income/

  • You can receive PSI even if you’re not a sole trader. If you’re producing PSI through a company, partnership or trust and the PSI rules apply, the income will be treated as your individual income for tax purposes.