What is the Tax Preparation Franchises industry?
Industry participants assist individuals and businesses in fulfilling one of life’s few certainties: taxes. Registered tax professionals specialise in personal income tax returns, with many more branching out to offer company tax support as growth in the number of individuals lodging tax returns with an agent slows. IBISWorld expects that of the 10 million tax returns submitted to the Australian Tax Office (ATO) via a tax agent in 2015-16, about 15% will be submitted by a tax preparation franchise within the industry. The balance will be submitted by professional accountants and non-franchised tax agent businesses.
Industry drivers and growth
Industry revenue includes tax preparation services rendered by both the franchisor and franchisee... purchase to read more