Tax saving ideas in ChangeGPS Progress are specific opportunities for the client to reduce their tax liability, documented per entity in Step 3. For each idea, you enter a title (for example, "Increase concessional superannuation contributions"), a description explaining the strategy and how it applies to this client, and an estimated tax saving. Tax saving ideas are included in the generated annual tax review report as a dedicated section and are also carried through to the meeting agenda in Step 4 as agenda items to discuss. Documenting ideas in Progress — even if the client is unlikely to act immediately — creates a record of proactive advice and demonstrates the practice's value beyond compliance.
What are tax saving ideas and how are they used in the report in Progress?
Learn how tax saving ideas in Progress capture strategies and estimated savings for client reporting.