WHAT'S ON
EACH year we take to the road with an important topic for our industry and this year we certainly had a lot to talk about.
on or after 17 December 2018.
invoices to clients (payment claims), receiving
Penalties in this space are severe, so you need to get it right.
invoices from subcontractors (payment
The new Building Industry Fairness (BIF) laws came into place from 17 December2018. What's that mean for you and your business? It’s time to fine-tune your business processes so you know you’re meeting your obligations and ensuring you will get paid.
And the best place to start is to ensure you use the right contract. We recommend any work you do be covered by a contract – it’s the best way of protecting yourself and ensuring you are paid the money you are owed.
The new laws apply to payment claims given
60 | Master Builder
We covered a lot in Roadshow 2019 from engaging with subcontractors to sending
schedules), receiving invoices from suppliers (payment schedules), due date for payment of invoices, retentions and ATO obligations. If you have any questions, we are here for you. Contact 1300 30 50 10 and a Master Builders team member will assist.