Tax Preparation Franchises in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Tax Preparation Franchises Market Research Report | Business Franchises | Finance & Business Advisory Franchises | Mar 2015

Numbers crunched: An increase in unemployment limits revenue growth

IBISWorld’s Tax Preparation Franchises market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
H&R Block H&R Block market share
ITP Australia ITP Australia market share
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
Purchase to read more
Purchase to read more
Industry Analysis & Industry Trends

The industry's main advantage in gaining customers is the ability to maximise tax returns for clients, or minimise losses. Tax preparation franchises also know the types of deductions able to be claimed without breaking any tax laws. While the rise of online tax submissions may limit future industry growth over the next five years, the majority of people are expected to continue to engage tax expects to submit their tax returns each year.

Although the industry experiences fewer swings compared with the overall economy, its fortunes are influenced by employment conditions, income levels, and investment levels. Weaker demand for tax preparation services in tough conditions reflects individuals' lower capacity and willingness to pay for tax services... purchase to read more

Industry Report - Industry Locations Chapter

While the industry remains steady in terms of enterprise locations, the distribution of industry establishments generally coincides with population trends and, to a smaller degree, the geographical level of economic activity. This is reflected in downstream major markets, with individuals and small businesses key drivers of demand. As a result, there are a higher number of industry franchise establishments within New South Wales and Victoria, as well as Queensland, where the population has increased steadily over the five years to 2014-15. Overall, these three states are expected to account for 79.1% of industry enterprises in 2014-15... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Tax Preparation Franchises Industry?

Industry participants provide tax-return preparation services and operate as part of a franchise business structure. The industry includes businesses that are owned directly by the franchisor. Operators do not provide accounting, bookkeeping, billing or payroll process services.

Industry Products
Personal tax return servicesInvestment tax return servicesSmall business tax return servicesOther tax services
Industry Activities
Tax consultation servicesTax return preparation servicesTax review services Tax consultation servicesTax return preparation servicesTax review services

View Sample
Select Clients