Tax return tips to help implement financial planning strategies
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Tax return tips to help implement financial planning strategies
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As we step into the 2026-27 financial year, advisers are actively helping clients plan and implement strategies for the year ahead. However its just as important to look back, as the way clients complete their 2025-26 tax returns can have a direct impact on the success of the financial planning strategies advisers recommended for the 2025-26 year.
Several financial planning strategies rely on the correct completion of the individual tax return. If key items are missed or incorrectly reported, the strategy may not work as intended, and in some cases, may even trigger adverse tax consequences.
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