Financial Planner / Advisor

Tax tips for Australian financial advisors and planners.

Allowable Expenses

• Licensing Fees — ASIC and AFSL related fees.
• Professional Indemnity — Essential insurance for financial advice.
• Research Tools — Investment research and data platform subscriptions.
• Memberships — FPA or AFA membership dues.

Tax Tips

• CPD is mandatory and the costs are deductible.
• Claim for your office space and client meeting costs.
• Ensure all your insurance premiums are recorded.

Frequently Asked Questions

Is my FPA membership deductible?

Yes, as a professional association membership.

Can I claim for research data?

Yes, data tools used for advice are deductible.