What you might declare to be a subcontractor arrangement could be considered an employer/employee relationship under the tax laws. Geoff Morris has written about the definitions of a subcontractor and employee from a tax law perspective. If you’re a tradie working as a subcontractor, or a small business owner using subbies, you need to know where you really stand. Read more…
Tradespeople can generally claim equipment-related expenses. Are you getting the full benefit of equipment and tool deductions? How about workwear deductions? The guidelines can be confusing. Brian Sellick can help get your trade-related expenses organised and in tip-top shape. Contact Brian…
If you’re a tradie just starting to work for yourself, or an employed tradie doing private work on the side, you will need to obtain an ABN and manage any GST obligations. It’s not worth the risk of trying to fly beneath the radar of the ATO. Need help? Brian Sellick is an expert at helping tradies to get all set up for doing business compliantly. Contact Brian…
Generally tradies can claim vehicle usage but the details of doing this legitimately can be quite involved. There are many tax-effective ways for tradies to purchase and run work-related vehicles, and many more convenient ways to keep track of vehicle-related expenses than chasing paper. Contact Brian…
According to occupational profile statistics on the Victorian government’s Profile id website, Victoria has a relatively high concentration of people working in tradie occupations compared to other Australian states.
Victoria is home to one-third of all cabinetmakers in Australia, and an even higher proportion of Australia’s panel beaters. Tradespeople associated with building and construction make up the largest industry group of tradies in Victoria.
Percentage of all Victorian small businesses in construction industry (BusinessVic 2012)
Percentage of all Victorian small businesses who are self-employed individuals (BusinessVic 2012)
Number of Victorian tradies employed in the construction industry (WorfSafeVic 2015)
Number of Victorians employed as technicians/tradies (ABS 2011)
Billings and Ellis are experts in assisting all kinds of tradespeople, from tradie employees to sole traders and trade service businesses. We understand the needs of plumbers, electricians, builders and bricklayers, carpenters, cabinetmakers, concrete contractors, automotive mechanics and repairers, tilers, gardeners and landscapers, and many more kinds of specialised tradespeople.
Tax agent
80927009
