7 ChatGPT Prompts Every Tax Accountant Should Be Using

As AI continues to reshape the accounting landscape, ChatGPT is emerging as a powerful ally for tax professionals. Whether you’re decoding legislation, optimizing spreadsheets, or prepping for client meetings, the right prompt can save hours and elevate your output.

Here’s a curated list of seven high-impact prompts—originally shared by Heather Smith FCA—that I’ve adapted and expanded for Australian accountants looking to streamline their workflows and scale their expertise.

1. Make Spreadsheets Smarter 📊

Prompt: “Can I make this spreadsheet more efficient?” Use this to identify redundant formulas, optimize layout, and improve performance—especially useful for large fixed asset registers or tax depreciation schedules.

2. Generate Professional Reports from Data 📈

Prompt: “Using the dataset I’ve uploaded, generate a professional report analysing the data. Include key trends, insights and outliers.” Perfect for client presentations or internal reviews. You can even ask ChatGPT to format the report for Excel, Word, or PowerPoint.

3. Step-by-Step Expert Guidance 🧠

Prompt: “Write me step-by-step instructions on how to create a VLookup to match depreciation rates by asset category.” Ideal for training junior staff or documenting internal processes. You can swap out VLookup for macros, Power Query, or even VBA.

4. Simplify Complex Tax Legislation

Prompt: “You’re an Australian tax expert. Explain Division 7A and what triggers it in simple terms.” Use this to draft client FAQs, internal cheat sheets, or onboarding materials for new team members.

5. Handle Cross-Border Tax Scenarios 🌏

Prompt: “You’re an international tax expert. Explain the Australian tax treatment of a UK pension and how to avoid double taxation.” Great for firms with expat clients or those navigating DTAs (Double Taxation Agreements).

6. Voice-Driven Brainstorming 🗣️

Use ChatGPT’s voice feature to brainstorm while walking or commuting. It’s a game-changer for busy practitioners who think better on their feet

7. Build Custom GPTs for Client Insights

Prompt: “Create a GPT that provides deep insights on a new client before our first meeting.” Include industry trends, competitor analysis, leadership bios, and economic factors. This can become a reusable tool for onboarding.

⚠️ Final Tip: Trust, But Verify

ChatGPT can be confidently wrong. Always ask for sources, double-check facts, and treat its output as a draft—not gospel.

Contact Berzy Chartered Accountants today to learn how we can help your seasonal business thrive.

This post was inspired by Heather Smith FCA’s original article in Acuity Magazine. Heather is a leading voice in accounting tech and her work continues to shape how professionals embrace AI.

Berzy Chartered Accountants & Mortgage Brokers are an accounting firm committed to delivering comprehensive financial solutions that empower individuals and businesses to achieve stability and confidence in their financial future