H&R Block

Tax and Accounting Services

H&R Block is the largest tax return preparation company in Australia with a network of franchised and company owned offices serving 750,000 clients annually across 470 locations. There are great benefits to being part of the H&R Block network: strong image and a good reputation, national television and digital marketing, local area marketing support, as well as extensive new employee and professional development training, incentives to grow, and a great network of tax professionals.  Our teams use the latest systems to prepare all types of tax returns, including individual, sole trader, partnership, trust, SMSF, and company returns, as well as a broad range of small business accounting services, including bookkeeping, GST compliance, tax planning, and advice.

topfranchise Award Highlights

#4 franchise Overall on topfranchise.com.au
#1 franchise in Brand on topfranchise.com.au
#3 franchise in Passion on topfranchise.com.au
#4 franchise in Expansion on topfranchise.com.au
#7 franchise in Support on topfranchise.com.au
#8 franchise in Marketing on topfranchise.com.au
Area
Tax and Accounting Services
Business Established
1971 (Australia)
Units / Locations
53
FCA Member
No
Multi-Unit Ownership Allowed
Yes
Agreement Terms
5 years + 10
Average Set up Time
3-6 months
Ratio of Support Staff per Franchisee
1:13
Participation Rate
100%

Training

Franchise support and training is ongoing. Tax training is provided for franchisee and their existing staff.

Marketing Support

Substantial national television and digital marketing campaigns as well as local area marketing support.

Awards

2017 Canstar Blue Award for Most Satisfied Customers - Tax Agents. 2016 & 2017 Gold Readers Digest Quality Service Award, 2017 Xero Platinum Partner.

Business Model

H&R Block is an owner operator model and the franchise principal must: - be registered as an individual tax agent with the Tax Practitioners Board; -be a majority shareholder or otherwise have control of any company proposed as the franchisee; - have a minimum of 3 years experience as an owner operator or practice manager operating a tax return preparation and accounting business in Australia; - not compete with the core H&R Block tax and accounting business; - be dedicated and focused as an owner operator o, working at least 50% of the time in the business.

Main Cost

Compensation, occupancy, supplies/services

Main Products or Services

Tax returns, business services, bookkeeping

Future Plans

H&R Block are looking for motivated individuals and entities to be part of their nationwide network of tax, accounting and business services outlets.  Whilst they have established practices offered for sale from time-to-time, H&R Block is seeking expressions of interest in areas where they are not presently represented, and they are actively marketing to  individual and business tax practices looking to sell and or wanting to expand through conversion to an H&R Block franchise, providing a cost effective route to business growth with a system that comes with substantial business support and is already well branded in the market. 

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