News

Should financial advice be tax-deductible?

Friday 14th of February 2014

The Financial Planning Association (FPA) and the Australian Financial Services Council are among groups lobbying the Australian government for tax deductibility on all forms of financial advice, on the basis this would make it more affordable.  

“The inability to claim a tax deduction for the fees associated with an initial financial plan acts as a disincentive for people to ta...

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