Understanding the tax deductibility of advice fees

Travers explains how the new guidance works, what has changed from the draft determination that was released last year, and why it is important to work alongside accounting professionals to ensure the best outcomes for clients.

Listen as they discuss:

• Why advice firms need to identify areas of friction in their processes to enhance their operational efficiency.
• How to get your practice ready for the changes coming out of the first Delivering Better Financial Outcomes (DBFO) legislation.
• What to expect from the second tranche of DBFO and why you shouldn’t rely on regulatory change to improve your practice.

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