Evidencing Tax Deductibility of Advice Fees

How to assess and support the tax deductibility of advice fees

Detailed explanation of advice fees that are tax-deductible and not deductible
Participants who register and attended will receive the Excel tool and summary guide 


A Live Instructor Led Webinar

The ATO’s recent release of Tax Determination TD 2024/7, along with updated guidance from the FAAA, has clarified the rules around the deductibility of financial advice fees. In this practical webinar, we’ll unpack the latest guidance and outline the conditions under which individuals may be entitled to a deduction for advice fees under sections 8-1 and 25-5 of the Income Tax Assessment Act 1997. 

You’ll learn how financial advisers, accountants, and clients can work together to ensure that deductions are correctly assessed, appropriately documented, and aligned with ATO expectations. 

We’ll also introduce a purpose-built Excel tool designed to help you calculate and evidence the deductible portion of advice fees. Through case studies, we’ll demonstrate how the tool can support you apply a framework, populate an invoice template, and draft Statement of Advice (SoA) wording. You will receive access to this Excel tool to use in your own practice by registering for this webinar. 

Whether you're an adviser, accountant, or tax practitioner, this session will give you the confidence and resources to navigate the new landscape of advice fee deductibility. 

Total 1 CPD Hour

Dates & Details

Tuesday, 26 August 2025

Time
2:00pm - 3:00pm AEST (NSW, VIC, QLD, ACT, TAS)
1:30pm SA & NT
12:00pm WA

What we cover

On completion, participants will be able to: 

  • Understand deductibility of advice fees 
  • Calculate components of advice fees that are deductible, how to justify and provide evidence required 

What's included?

  • 1 x hour live webinar with opportunity to ask questions of the presenter
  • 3 month access to webinar recording and slides
  • A downloadable Excel tool and summary PDF guide

Our presenter

Professionalism and Ethics Adviser, Knowledge Shop

Conrad Gilbert

ConradG

Conrad works with the profession to navigate the practical impact of change on advisers, their practices, and their clients. He has over 30 years’ experience in the Financial Services Industry, working across insurance and financial planning. Before joining Knowledge Shop, he held senior executive roles with national financial planning networks.

In addition to his work with Knowledge Shop, Conrad is currently completing a PhD in Finance and Financial Planning at Griffith University. He holds an MBA from the University of Qld, a Bachelor of Commerce from Griffith University and a Diploma of Financial Planning from Deakin University.

Terms & Conditions
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education service will be provided with a unique session ID to join which cannot be disclosed, forwarded, or distributed to any other individual without Knowledge Shop Pty Ltd's written consent. No other individual will be authorised to access your education service unless that individual has purchased the education service and a unique session ID has been provided to that individual. In the event of unauthorised access due to the actions of the intended recipient, Knowledge Shop Pty Ltd may suspend or cancel the access for the intended recipient any additional individual(s) may be held liable for additional fees associated with the unauthorised access to an education service. Knowledge Shop Pty Ltd reserves the right to charge any unauthorised individual(s) who access your education service. In the unlikely situation that a live education service is cancelled we will refund you the full cost of your purchase. If a live service is postponed, we will provide written notification to you and reschedule the education service. Your original ticket will be valid for the rescheduled date. We will also provide the recording and associated materials if you are unable to attend the education service live at the new date/time. If you are unable to attend the education service live at the new date/time, you may request a refund of the moneys paid by contacting Knowledge Shop Pty Ltd directly, with all requests to be considered on a case by case basis by Knowledge Shop Pty Ltd in its absolute discretion.

The General Terms and Conditions can be accessed here.