Construction & Trades
Where we focus within trades
Our work in the trades sector concentrates on the areas where the accounting complexity is highest and the cost of getting it wrong is real.
Construction
From sole-trader tradies through to multi-site builders, we handle the accounting, structure and tax planning construction businesses need year-round: job costing, cash flow forecasting, subcontractor management and asset depreciation are all part of the work.
QBCC
QBCC minimum financial requirement (MFR) reporting is a specialist area many general accountants get wrong. We prepare QBCC annual financial reports, advise on Net Tangible Assets, and help you understand what your numbers mean for your licence category. We keep turnover under review against that category and prepare change in revenue applications when growth means one is needed.
Our approach to trades
Trades businesses have unique pressures. We plan for them.
Cash flow, compliance and structure are different for trades. Generic advice does not cut it.
Trades and construction businesses run on tight margins, variable project timelines and complex workforce arrangements. Cash can look healthy on the surface and disappear fast when a retainer is delayed, a job overruns, or a tax debt comes due at the wrong moment.
We’ve worked with builders, plumbers, electricians, civil contractors and specialist trades for over a decade. We understand how the numbers flow in a project-based business, what QBCC reporting actually requires, and how to structure ownership of plant, equipment and operating entities to protect what you’ve built.
QBCC MFR reporting done right
We prepare QBCC annual financial reports and MFR submissions correctly, so your licence is protected and your NTA position is clearly understood.
Job costing and project cash flow
We help you understand profit at the job level, not just at year end, for better pricing, better decisions and fewer cash flow surprises mid-project.
Plant, assets and depreciation
Construction businesses carry significant plant and equipment. We structure ownership and maximise depreciation deductions without overclaiming or creating problems later.
Subbies, payroll and contractor compliance
We handle the complexity of mixed workforces: employee versus contractor distinctions, super obligations, payroll tax thresholds and TPAR lodgements.
Why Wiseman
Deliberately focused on you
Rather than serving every kind of business, we’ve built our practice around growth-minded, family-owned businesses. Here’s what that means in practice.
Built for family business
We focus on established, family-owned businesses turning over $1M or more, with real depth in construction, professional services and real estate.
A dedicated client manager
Your advice comes from an experienced client manager who knows your business.
Independent & conflict-free
We don’t sell financial products, lending or property. Nothing we recommend is shaped by what we have to sell.
Proactive all year
Regular advisory meetings and Xero-based KPI monitoring, so we help you plan ahead rather than only reporting on the year that’s already gone.
Value, not price
We compete on the quality of advice and the results it drives, a long-term partnership, not the cheapest return in town.
Genuinely local
An Ipswich firm that understands South East Queensland business, growing alongside the owners we work with.
What falls under a tradies accountants service, beyond just doing the tax return?
Job costing, cash flow forecasting, subcontractor management, asset depreciation and QBCC compliance. As tradies accountants, we’ve worked with builders, plumbers, electricians and civil contractors on all of this for over a decade.
We're a sole-trader tradie, not a multi-site builder. Do you still work with businesses our size?
Our best fit is established, family-owned businesses turning over $1M or more, usually with employees. If that’s where you’re headed rather than where you are today, a discovery call is the honest way to find out where you stand.
How is trades accounting actually different from general small business accounting?
Trades and construction run on tight margins, variable project timelines and mixed workforce arrangements, so cash can look healthy and disappear fast when a retainer is delayed or a job overruns. We plan around that pattern specifically.
Our cash flow looks fine on paper. Should we still be worried?
It’s worth checking. Cash can look healthy on the surface and disappear quickly when a retainer is delayed, a job overruns, or a tax debt lands at the wrong moment, and that gap is exactly what job-level cash flow planning is meant to catch.
Do you cover QBCC reporting as well as regular trades accounting, or are they separate services?
They sit together. Regular accounting and QBCC reporting work best coming from the same numbers, and our construction and QBCC pages cover each in more detail.
Before you can get an accurate read on the business, how much of our own numbers do we need to hand over?
Access to your current Xero file, a picture of your project pipeline, and how plant, equipment and any subcontractors are currently set up is enough. That’s what lets us see where job costing and structure can be tightened.
