Construction accountants in Brisbane who know the trade.
Specialist accounting, bookkeeping, and BAS for builders, subcontractors, and construction businesses across Brisbane and Queensland. We handle QBCC Minimum Financial Requirements reporting, TPAR, job costing, and the cash-flow pressures that come with progress claims and subbie payments.
- CA ANZ Chartered Accountants
- Registered Tax Agent 26081500
- Xero Gold Partner
Generic accounting does not understand how a building business actually runs.
- Your accountant treats your building business like any other, then QBCC Minimum Financial Requirements creep up at reporting time and your net tangible assets do not stack up.
- Cash is tight between progress claims and subcontractor payments, and no one is forecasting the squeeze before it lands.
- Job profitability lives in your head, not your accounts, so you cannot see which jobs actually made money until well after they are finished.
- Construction carries obligations and cash-flow patterns that mainstream small business accounting ignores. You need an accountant who understands QBCC, TPAR, GST on progress claims, and the director duties that bite when cash runs short. That is what we do.
Accounting tuned to the construction business model.
We work with builders, subcontractors and tradies, contractors, and developers. The engagement is scoped to your QBCC licence class, your turnover, and how your jobs are run.
QBCC Minimum Financial Requirements
We prepare and lodge your QBCC MFR report and monitor net tangible assets, the current ratio, and your maximum revenue through the year, not just at deadline.
TPAR lodgement
Taxable Payments Annual Report prepared from your subcontractor payments and lodged with the ATO on time, fully reconciled.
Job and contract costing
Xero or MYOB set up with tracking by job so you see true profit per project, not just a single bucket of revenue.
BAS and GST on progress claims
GST treated correctly on progress claims, retentions, and variations, with BAS lodged on time so the ATO is never a surprise.
Payroll, STP and subbie compliance
Award-compliant payroll, Single Touch Payroll, superannuation, and correct contractor versus employee treatment for your subcontractors.
Tax planning and structures
Entity and structure advice for builders, including company, trust, and hybrid structures for tax efficiency and asset protection.
Cash flow and solvency advisory
Cash-flow forecasting across your jobs, plus early-warning advice and safe-harbour guidance if the business comes under pressure.
Year-end accounts and tax
End-of-year accounts and tax returns prepared by the same team that handles your books, BAS, and QBCC reporting. No handoffs.
From onboarding to first BAS, QBCC and cash flow under control.
- 01
Discovery
A call to understand your licence class, the type of work you do, your turnover, and your current accounting setup.
- 02
File review
We review your books and QBCC position, flag MFR, TPAR, and GST issues, and prepare a transition plan.
- 03
Onboarding
We set up job costing in Xero or MYOB, migrate payroll if needed, and get your QBCC reporting and BAS on a clean cycle.
- 04
Run and report
Monthly reconciliation, job-level reporting, BAS and TPAR lodgement, payroll, and proactive cash-flow and QBCC support through the year.
Sector experience plus the discipline of Chartered Accountants.
- Direct construction sector experience
- We support builders, subcontractors, contractors, and developers. We understand the licence cycle, the cash-flow cycle, and the QBCC obligations.
- CA ANZ Chartered Accountants
- Every senior team member is CA ANZ qualified. Accounting standards, QBCC reporting, and tax compliance are non-negotiable.
- QBCC MFR reporting done right
- We prepare Minimum Financial Requirements reports and keep your net tangible assets and current ratio inside the thresholds all year.
- Job costing in Xero and MYOB
- We set up tracking so you see profit by job, by stage, and by client, not just one revenue line at year end.
- Solvency and director-duty literate
- We flag cash-flow risk early and explain your duties as a director, including safe harbour, before insolvent trading becomes a problem.
- Capalaba based, Australia-wide capable
- Face-to-face support in Brisbane and Redland City, with cloud-based service for construction businesses across Australia.
Questions we hear most often.
Have a question that is not here? Call 07 3399 2300 or book a consultation and we will answer it directly.
Do I need a QBCC MFR report and who prepares it?
If you hold a QBCC contractor or builder licence, you must meet the Minimum Financial Requirements and report your financial position to the QBCC, with the level of reporting depending on your revenue band. The calculations for net tangible assets, the current ratio, and maximum revenue are usually prepared by a qualified accountant. We prepare and lodge the MFR report and monitor your position through the year so reporting season is not a scramble.
When is TPAR due for a building company?
The Taxable Payments Annual Report is due on 28 August each year for the previous financial year. It applies to most building and construction businesses that pay subcontractors. We prepare it from your payment records and lodge it with the ATO, reconciled to your accounts.
How do progress claims affect my BAS and GST?
GST on a progress claim is generally accounted for in the period the claim is issued or paid, depending on your GST method, and retentions and variations each have their own timing. Getting this wrong overstates or understates your BAS. We set up your accounting so progress claims, retentions, and variations are treated correctly every quarter.
What happens to my QBCC licence if my net tangible assets fall?
If your net tangible assets drop below the level required for your revenue band, or your current ratio falls under 1:1, your licence can be suspended or your maximum revenue cut. The fix is to monitor the position through the year and act early. We track these ratios for you and flag any issue before it reaches the QBCC.
Can you help if I am behind on subbie payments or facing cash-flow stress?
Yes. We forecast cash flow across your jobs, identify the pinch points, and work through options with you. Where the business is genuinely under pressure, we explain your duties as a director, including the safe-harbour provisions, so you can act before insolvent trading becomes a risk. This is general information, not formal insolvency advice, and we will refer you to a registered specialist where one is needed.
What software do you support?
Xero is our recommended platform for most construction businesses, with job tracking that surfaces profit by project natively. We are a Xero Gold Partner and also support MYOB and QuickBooks Online, and we integrate with job-management tools where you already use them.
More from the same team.
Bookkeeping
Daily reconciliation, BAS, TPAR, and payroll on Xero or MYOB, set up with job-level tracking for builders.
ExploreTax planning and structuring
Forward-looking tax strategy and the right structure for your building business, for tax efficiency and asset protection.
ExploreBusiness advisory
Strategic advice on pricing, growth, and cash flow for construction businesses ready for the next stage.
ExploreReady for an accountant who understands construction?
Book a consultation. We will review your current setup, flag the QBCC, TPAR, and cash-flow issues we see, and tell you exactly how we would run your accounting and bookkeeping going forward.