A New Tax System (Goods and Services Tax) Regulations 2019

Schedule 3 - Examples of supply that is not financial supply  

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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