But it is not one that we should necessarily agree with. Let's face it. Someone has to pay for our roads, our children's education, our old folks, our law enforcement and so on. There has been much said about Tax Avoidance in recent years with considerable legislation enacted to monitor and control it. There is nothing illegal or immoral in tax avoidance.
Tax advisers have a positive obligation to clients.
Unfortunately for many advisers it is easy to use a professed abhorrence of tax avoidance as a screen for lack of activity or knowledge. The role of the Tax Planner is to advise on the legitimate courses open to taxpayers wishing to rearrange their affairs to minimise as far as possible the incidence of income tax. Avoidance however, is a different kettle of fish and the Tax Commissioner must be increasingly amazed at the ingenuity and, in some cases, artificiality of measures that are employed by some taxpayers. For this reason tax avoidance has graduated to a grey area, but Tax Planning still retains its unsullied nature. Tax Avoidance is the legal and logical arrangement of one's affairs so that full advantage is taken of all the favourable terms and allowances available in the Act and by doing so the tax finally payable is less than it would be otherwise.