QBCC reporting and licensing, handled by accountants who do it all year.
Annual QBCC reporting, minimum financial requirements (MFR) reports and licence category increases for Queensland building and construction businesses — from our Southport office, in the middle of one of Australia's busiest construction regions.
Get in touchAnnual reporting
Category-appropriate financial information prepared from clean accounts and lodged on time, every year.
MFR reports
Prepared and signed by a qualifying accountant for new licences, revenue increases and QBCC requests.
Licence increases
Planning the net tangible assets position before you need the higher category — not scrambling after.
Problem solving
Late reports, NTA shortfalls, deeds of covenant and restructures — resolved with the accounting done properly.
Related: business structuring · cash flow forecasts · accounting
FAQ
QBCC questions, answered
What is QBCC annual reporting?
Every QBCC licensee in Queensland must report financial information to the QBCC each year, showing the business meets the minimum financial requirements (MFR) for its licence category. What you lodge — and when — depends on your revenue category. Miss it and the QBCC can suspend or cancel the licence, so we treat the deadline like a tax deadline: tracked, prepared and lodged for you.
What is an MFR report and when do I need one?
An MFR report is a detailed financial report prepared and signed by a qualifying accountant. You generally need one when applying for a new licence in the higher categories, when your allowable annual turnover needs to increase, or when the QBCC asks for one. It must show your business satisfies the minimum financial requirements, including the current ratio test of at least 1:1 and the net tangible assets threshold for your category.
My revenue is going to exceed my licence limit — what do I do?
Apply to increase your maximum revenue before you exceed it, which usually means a new MFR report showing the net tangible assets to support the higher category. Exceeding your allowable turnover without an approved increase is a compliance breach. If a big contract is coming, talk to us early — increasing the licence takes preparation, and sometimes a capital or structure change.
Can you fix a QBCC problem after the fact — like a late report or an NTA shortfall?
Usually, yes, and speed matters. A late annual report is best cured by lodging quickly; a net tangible assets shortfall may need capital injection, subordinated debt via a deed of covenant, or restructuring — each with different accounting and tax consequences. We work out the cleanest path and prepare the supporting reports.
Do you work with trades and builders across the Gold Coast?
Yes — builders, trade contractors and construction businesses are a big part of the Gold Coast economy and of our client base. Beyond QBCC compliance we handle their BAS, tax planning, equipment and structure decisions, so the licence reporting comes out of accounts that are already in order.