A report by CPA Australia and independent researchers CoreData revealed shocking numbers about the influence of professional financial and tax advice on the Australian economy and its people’s financial security.
✅ 60% of Australians are forgoing professional financial and tax advice.
✅ 50% of retirees without financial & tax advice experience a lifestyle that is beneath their expectation.
✅ The benefit of proper professional advice could be worth the equivalent of $24,716 per person, or more than $630 billion in GDP.
✅ Proper financial advice can reduce $10.4 billion per year from the cost of age pension.
✅ If 10 more per cent of the population received professional financial and tax advice, $112.8 billion will potentially be contributed to the nation’s economy each year.
Source: Financial Review
---
If you have difficulty with tax accounting, you can contact Allan & Co, we will help you out.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Phone: (02) 9709 5070