Taxable activity [section 2(35)]

[(35) ―taxable activity‖, means any economic activity carried on by a person whether or not for profit, and includes – –

• an activity carried on in the form of a business, trade or manufacture;
• an activity that involves the supply of goods, the rendering or providing of services, or both to another person;
• a one-off adventure or concern in the nature of a trade; and
• anything done or undertaken during the commencement or termination of the economic activity,

but does not include –

• the activities of an employee providing services in that capacity to an employer;
• an activity carried on by an individual as a private recreational pursuit or hobby; and
• an activity carried on by a person other than an individual which, if carried on by an individual, would fall within sub-clause (b).]