1. To be registered as a tax agent you need to have minimum educational requirements

True or False

2. Under the GST legislation if you are registered for GST you are allowed to claim a GST input tax credit for deductible expenses

True or False

3. Under s.9-5 of the GST legislation a taxable supply occurs when 5 components are present. Which of the following is a component?

A . GST-Free Supplies B. Tax Invoice C. Input-Taxed Supplies D .Enterprise

4. Under the GST legislation the registration threshold for GST (other than non-profit entities) is:

A. $75,000 B. $100,000 C. $50,000 D. $150,000

5. Under s.9-10 of the GST legislation a supply includes the following:

A Goods B Services C Provision of advice or information

If you were selling good to the public, which supply are you making?

6. How many requirements are in the statutory Code of Professional Conduct which prescribes the ethical and professional standards that must be adhered to by tax agents.

A. 14 B. 12 C. 10 D. 8