Tax Collection 2 Income Tax Franking Credits Excess Franking Offsets Amount An entity that is a corporate tax entity at any time during an income year has an amount of excess franking offsets for that year if: (a) the total amount of tax offsets to which the entity is entitled for that year under Division 207 and Subdivision 210-H (except those that are subject to the refundable tax offset rules because of section 67-25); exceeds: (b) the amount of income tax that the entity would have to pay on its taxable income for that year if: (i) it did not have those tax offsets; and (ii) it did not have any tax offsets that are subject to the tax offset carry forward rules or the refundable tax offset rules; and (iii) it did not have any tax offset under section 205-70; but had all its other tax offsets. The excess is the amount of excess franking offsets. Income Tax Personal Services Income Business Premises Test Satisfied Indicator Question to determine whether a personal services business satisfies the business premises test in the income year. Income Tax Personal Services Income Employment Test Satisfied Indicator Question to determine whether a personal services business satisfies the employment test in the income year. Y = Yes, N = No Income Tax Personal Services Income Individual Failed Results Test Or Not Hold PSB Determination But Pass PSI One Source Percentage Benchmark Indicator Question to determine if any individual did not satisfy the results test or hold a Personal Services Business (PSB) determination and more than 80% or more of their Personal Services Income (PSI) came from one source. Income Tax Personal Services Income Individual Failed Results Test Or Not Hold PSB Determination Each Source PSI Yield Less Than Percentage Benchmark Of Their Total PSI Indicator Question to determine if an individual did not satisfy the results test or hold a PSB determination yielded less than 80% of their total PSI from each source. Income Tax Personal Services Income Individual Personal Service Business Determination Held Indicator Question to determine if Personal Services Business (PSB) determination is held in respect of any individual. Income Tax Personal Services Income Individual Results Test Satisfied Indicator A question to determine if the Results test satisfied in respect of any individual. Income Tax Personal Services Income Unrelated Clients Test Satisfied Indicator Question to determine whether a personal services business satisfies the unrelated clients test in the income year.