Will Tax Office Changes Affect Services To Clients?
Advisory Services News - Issue 42
Good day!
Welcome to this update on ESS BIZTOOLS ADVISORY SERVICES NEWS.
WILL TAX OFFICE CHANGES AFFECT SERVICES TO CLIENTS?
The then Tax Commissioner, Chris Jordan, warned accountants and bookkeepers at Xerocon 2022:
- “You must understand that if your business model is
- High-volume
- Low Margin
- Simple Tax Returns
Your Business will not be viable in 3 - 5 years time
This timeframe is now 1 - 3 years!”
Mr. Jordan added:
- "You should be looking to diversify to remain viable long term."
- "Focus on becoming a brilliant and trusted advisor."
Have you developed a diversification strategy to meet the challenges that are being created by ongoing improvements to software and processes within the Tax Office?
Have you developed a strategy for services that your firm will offer to meet the requirements of your SME clients?
There are many problems confronting SMEs at present, and unfortunately, these problems will more than likely continue for the next few years.
Tomorrow, we will discuss strategies for implementing business enhancement services for SMEs.
In recognition of the issues confronting SMEs, as well as accountants and bookkeepers, we are offering a special discount on our four product packages until 16 September 2024. You can find details of the significant discounts at www.essbiztools.com.au – click on Packages and Pricing.
