The ATO has made a legislative determination which allows certain training providers to issue Recipient Created Tax Invoices (RCTIs) to suppliers of training services if the training providers determine the value of the taxable supply: Goods and Services Tax: Classes of Recipient Created Tax Invoice Determination (No 1) 2012 (F2012L02204).
The determination was registered on 21 November 2012 and commences on the following day.
The purpose of this instrument is to outline a class of tax invoice that the Commissioner has determined may be issued by recipients of taxable supplies. The instrument applies to training providers who engage accredited service providers to supply training services to medical practitioners, medical students, medical graduates, registrars, overseas trained doctors and/or prevocational doctors as part of a GPET General Practice Training Program.
A training provider who is the recipient of a taxable supply of training services from a GST-registered accredited service provider, may issue a tax invoice for a taxable supply of training services in the following circumstances:
- the training services are provided to medical practitioners, medical students, medical graduates, registrars, overseas trained doctors and/or prevocational doctors
- the training services are provided as part of a GPET General Practice Training Program
- the recipient establishes the value of the training services acquired from the supplier, and
- the recipient satisfies the requirements set out in Clause 5 of the legislative determination.