Gordon Q.C Du
& Associates
Business Solutions
since 2003
Specialist Accountants for Builders, Contractors & Property Investors
The property and construction industry is one of the most financially complex sectors in Australia. Progress claims, retention money, variations, subcontractor payments, equipment finance, and project-based cash flow all need to be tracked accurately - and the ATO keeps a close eye on this sector, particularly around contractor reporting and cash transactions.
At Gordon Du & Associates, we work with builders, contractors, tradespeople, and property investors across Perth to keep their finances structured, compliant, and working for the business - not against it.
Construction & property businesses typically need to manage:
-
Progress claims and milestone billing
-
Retention money and variations
-
Subcontractor payments and compliance
-
Job costing and work-in-progress (WIP) reporting
-
Equipment and asset finance
-
GST across mixed-use and multi-stage projects
Without the right systems in place, this often leads to: poor visibility on which jobs are actually profitable, cash flow gaps between project stages, GST and BAS errors, and compliance risk around contractor payments and superannuation.
.avif)
Our Services for Property & Construction Businesses
1. Project-Based Bookkeeping
We handle daily transaction processing, supplier and subcontractor invoice management, bank reconciliations, and progress claim recording so your books are always ready for BAS and job-costing reporting. See our full Bookkeeping Services.
2. BAS, GST & Taxable Payments Reporting (TPAR)
Construction is one of the few industries the ATO requires to lodge a Taxable Payments Annual Report (TPAR) each year, reporting payments made to subcontractors. From the 2025-26 financial year, TPAR data can also pre-fill into a contractor's own tax return, making accurate reporting even more important. We handle your quarterly BAS, GST reconciliation across progress billing, and your annual TPAR lodgement.
3. Payroll, Contractors & Superannuation
Misclassifying a worker as a contractor when the ATO views them as an employee is one of the biggest compliance risks in this industry. We set up your payroll correctly, manage STP reporting, and keep superannuation obligations on track for every worker on your books.
4. Job Costing & Project Profitability
Construction businesses need to track income and costs project-by-project, not just at the business level. We set up job-costing systems that show you exactly which projects are profitable, track variations and retention amounts, and give you real WIP visibility before a job is finished - not after.
5. Tax Planning & Depreciation
From plant and equipment to work vehicles and tools, this industry has significant depreciation opportunities. We structure asset purchases and depreciation schedules to help reduce your tax liability each year.
6. Property Investment & Capital Gains Tax
For clients holding or developing investment property, we advise on tax-effective strategies for holding, developing, and selling - including CGT exposure, negative gearing, and depreciation schedules.
7. Business Structure & Asset Protection
Disputes, defect claims, and project delays can threaten personal assets if a business isn't structured correctly. We advise on the right structure - company, trust, or partnership - to protect what you've built.
Why Choose Gordon Du & Associates?
The ATO has construction and property firmly in its sights, from contractor payment audits to cash transaction reviews. We've helped clients who came to us after receiving ATO audit letters with years of disorganised records - the earlier you get on top of it, the less it costs.
Whether you're a one-person trade business or a mid-sized builder running multiple projects, we'll sit down with you, understand your operation, and put a system in place that keeps you protected and profitable.
Ready to get your finances in order? Contact Gordon Du & Associates today for a free consultation.
Related Services & Insights
To ensure your construction business remains compliant and profitable, you may also find our other services helpful: