If you’re giving tax planning advice without a written report, you’re not an advisor — you’re a liability.
The Tax Agent Services Act now requires ALL advice to be in writing. Yet many accountants are still “winging it” with verbal advice and no paper trail.
That’s not professional. That’s reckless.
Here’s why a written tax planning report is non-negotiable:
- It protects you legally (ATO, TPB, and professional bodies recommend it).
- It protects the client — they can review and consider options in their own time.
- It proves value — clients see the tangible work, not just a five-minute chat.
At TaxFitness, we show accountants how to deliver reports that protect them, impress clients, and turn advice into serious revenue.
Stop giving away $2,000 advice for free. Put it in writing — or risk your licence.
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"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2