Confidence of Consumers in the Tax Practitioner Profession Remains High

The latest bi-annual survey of the Australian Tax Practitioners Board, conducted in November 2020, found that (amongst other things):

  • Confidence of consumers in the Tax Practitioner Profession remains very high.
  • There is a high trust level by consumers in their tax practitioner (88%) and 66% surveyed rated their experience with their tax practitioner as excellent.
  • 58% surveyed advised they have been with the same tax practitioner for more than five years.

Given the hardships many faced in 2020, it is pleasing to see that tax practitioners were there to support business owners and individuals to navigate the COVID impacts and the governments’ support provided.

Like all industries, the accounting is ever evolving. Clients are looking for more from their tax practitioner noting they still want them across the ever complexities of compliance. Call Balanix’s team today to see how we can help you 07 32644783.