Advice Fee Deductibility...but Make It Make Sense

Over the last 12 months there has been quite a bit of discussion around TD 2024/7 and what it really means for advice practices.

Not because the concept of things being deductible is new, but because applying it in a consistent, defensible way is where things get challenging.

As guidance evolves and scrutiny increases, advisers are being asked to do more than just form a view. They need to clearly articulate why a fee is deductible, support it with sound reasoning, and communicate that effectively to clients and their accountants.

That’s where we see a need for a shift from ad hoc calculations to a more structured approach.

At Enzumo, we’ve been working on how to bring that structure to life in a practical way.

The result is an online calculator that applies a strategy-based methodology aligned with TD 2024/7 and FAAA guidance to help reduce guesswork, improve consistency, and support better documentation.

It’s not about replacing professional judgement. It’s about supporting it, so advisers can approach these conversations with more clarity and confidence.

We’ll be walking through this in more detail in a webinar on 2 June 2026.

Use this link to register for the webinar.