Should builders insure their tools?

Tools theft is rife around the country at the moment and if it hasn’t happened to you yet you’ve probably at least heard of it happening to someone you know. We’re urging all tradies to take extra precautions when on site and to ensure your tools are securely locked away, ideally out of sight from the road at night.

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A better way to manage retentions?

Any subcontractor who has had to agree to have retentions withheld from their invoices will have experienced the trepidation that comes with worrying if they’ll ever see that money again. Many subcontractors find that recovering retentions once their defects liability period has ended a long and painful process, even from a main contractor that’s still…

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Claiming Expenses

Are you claiming for expenses where its due? The concept of claiming business expenses is determined by what is called a ‘nexus’ test. This is the link between the expenses you incur and your income. In general, items that do not relate to the income you earn are not tax deductible. There are a few…

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