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Home»Finance»Australian accounting firms plan to raise fees
Finance

Australian accounting firms plan to raise fees

May 21, 2025No Comments2 Mins Read
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Australian accounting firms plan to raise fees
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A survey by Ignition has revealed that Australian accounting corporations are set to extend their charges, with 80% indicating plans for value hikes this yr, primarily on account of escalating enterprise prices.

This growth is highlighted in Ignition’s 2025 Tax and Compliance Pricing Benchmark, now in its second yr, which gives insights into pricing traits throughout the sector.

The survey, encompassing responses from 165 Australian accounting corporations, suggests that just about half of those companies (47%) are a 5% improve in costs, whereas 19% are making ready for a ten% rise.

Ignition CEO Greg Strickland mentioned: “It’s no shock that mounting value pressures are driving corporations to lift costs this yr.”

He emphasises the potential for corporations to reinforce income and profitability by strategic pricing changes, noting that solely a small fraction is growing charges with revenue margins (11%) or income (5%) in thoughts.

Strickland mentioned: “By combining sensible pricing methods with tech and seamless automation, our purpose is to empower skilled providers companies to extend costs with confidence with out having awkward consumer conversations.”

The 2025 report benchmarks charges for numerous tax and compliance providers and signifies an upward development in charges in comparison with the earlier yr’s findings.

For particular person tax returns, the proportion of corporations charging over $300 has elevated from 16% in 2024 to 26% in 2025.

Equally, for firm or belief annual accounts and tax returns, 23% now cost greater than $3,000. The report additionally highlights vital will increase in charges for BAS lodgements and tax planning providers, with extra corporations shifting into increased charging brackets.

“Australian accounting corporations plan to lift charges” was initially created and revealed by Worldwide Accounting Bulletin, a GlobalData owned model.

 


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