certain advice cost are already tax deductible. Certain advice cost already forms part of cost base which helps reduce the total tax paid by ordinary tax payer. I have heard XY advisors harping about tax deductibility for quite some time. It would be very helpfull if these mobs could clarify what they are asking for and which tax principles these relate to. Are they asking for tax deductibility of retirement planning advice, and if so on what basis. Are they asking for asking for tax deductibilty of individual asset protection advice and on what basis ?
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