A New Tax System (Goods and Services Tax) Regulations 2019
Schedule 3 - Examples of supply that is not financial supply
Note:
See section 40-5.13 .
CLAUSE 1
1
Examples for item 3 of the table in section 40-5.12 (professional services)
A supply mentioned, or a supply of something mentioned, in the following table that relates to something mentioned in item 3 of the table in section
40-5.12
is an example of a supply mentioned in that section.
| Professional services | |
| Item | Examples |
| 1 | Advice by a legal practitioner in the course of professional practice |
| 2 | Advice by an accountant in the course of professional practice |
| 3 | Taxation advice, including preparation of tax returns |
| 4 | Actuarial advice |
| 5 | Rating services for securitisation vehicles |
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