Accounting for the Construction Industry

Businesses in the construction industry face its own specific set of tax challenges, with construction activities typically taking place over several accounting periods.

With extensive experience partnering with business owners in the construction industry, we can assist you in handling contracts, revenue allocations, and costs during accounting periods to fulfil your taxable reporting obligations. 

We also offer guidance on personal services income (PSI) rules, which impact your assessable income and the deductions you're entitled to claim.

Our integrated approach to accounting in the construction industry covers your business and personal finances. Through the Kelly+Partners Financial Progress System™, your Client Director will put together a team of accountants who can assist you across:

• Start-up support and registrations
• Preparation of business plans, cash flow, and profit projections
• Financial strategy
• Accounting and taxation
• Capital and equipment financing
• Industry benchmarking
• Risk management

Book a discovery meeting

Book a call with one of our experienced accountants to discuss the needs of your construction business.