· Q1. What are taxable sales? Provide two examples · Q2. Identify the codes that are allocated to each of these transactions and state whether or not it is a taxable supply. Transaction Code ...

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· Q1. What are taxable sales? Provide two examples



· Q2. Identify the codes that are allocated to each of these transactions and state whether or not it is a taxable supply.




































Transaction




Code




Taxable supply



Exports







All capital acquisitions made during the period







Total sales and income







GST-free supplies







Answered 2 days AfterFeb 09, 2021

Answer To: · Q1. What are taxable sales? Provide two examples · Q2. Identify the codes that are allocated to...

Riddhi answered on Feb 11 2021
144 Votes
Activity 4
· Conduct research and complete the table showing the minimum registration needed to provide the
services described. You will need to use the relevant information from the Tax Practitioner Board.
    Service
    BAS service
    Not a tax agent service or BAS service
    Applying to the Registrar for an ABN on behalf of a client.
    
    
    Installing computer accounting software without determining default GST and other codes tailored to the client.
    
    
    Coding transactions, tax invoices and transferring data onto a computer program for clients through processes that require the interpretation or application of a BAS provision.
    
    
    Coding transactions, tax invoices and transferring data onto a computer program for clients through processes that do not require the interpretation or application of a BAS provision.
    
    
    Confirming figures to be included on a client’s activity statement.
    
    
    Completing activity statements on behalf of an entity or instructing the entity which figures to include.
    
    
    General training in relation to the use of computerised accounting...
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