Professional services
For consultants and agencies: keep more of what you bill.
Consultants, IT contractors, designers, engineers, agencies — businesses that sell expertise have their own tax rules, and the biggest one most people learn about too late is PSI. We structure around reality and plan ahead of it.
Sound familiar?
The problems we solve every week.
The PSI surprise
The personal services income rules can ignore your company structure entirely and tax the income as yours. Knowing which side of the tests you’re on changes everything.
Lumpy income, fixed tax instalments
Big invoice months, quiet months — and PAYG instalments calibrated to last year. We manage the timing so cash flow survives.
Structure set-and-forgotten
The company you set up at $80k of revenue may be wrong at $400k. Structures should be reviewed like contracts — periodically, on purpose.
Profit that never reaches you
Revenue is not the point. We plan distributions, super and timing so the after-tax number is the one that grows.
How we help
What we do for professional services.
Structure & PSI advice
Which side of the PSI tests you’re on, and the right structure either way.
Learn more →Business tax returns
Company, trust and sole trader returns that use every position we can defend.
Learn more →Tax planning
Distributions, super contributions and invoice timing planned before year end.
Learn more →Virtual CFO
Margins, pipeline and pricing reviewed quarterly — an FD’s eye without the FD’s salary.
Learn more →Why Epic Tax
Three reasons clients stay.
PSI fluency
We’ll tell you plainly whether the rules catch you, and structure accordingly — not hopefully.
Fixed fees, obviously
You quote your clients properly. Your accountant should too.
Planning, not just filing
The return records the past. The savings come from the planning meeting before 30 June.
Common questions
Asked by professional services, answered plainly.
I invoice through my company — so the company tax rate applies, right?
Only if the PSI rules don’t attribute the income to you personally. If the income is mainly a reward for your personal effort, the rules may tax it as yours regardless of structure. The tests are specific — results, tools, risk, multiple clients — and worth checking properly.
Should I be a sole trader or a company?
It depends on margins, risk, whether PSI applies, and what you’ll do with profits. A company isn’t automatically better — it’s a tool with setup and running costs that pays off in specific situations. We’ll run your actual numbers.
How do I stop quarterly tax instalments strangling my cash flow?
PAYG instalments can be varied when this year’s income will differ from last year’s — legitimately and without penalty when done on reasonable grounds. We monitor and vary them as part of tax planning.
Tell us where your business is up to.
A free consultation — your situation, your options, and a fixed-fee quote within one business day. English or Mandarin.