Reminder: QBCC Lodgement Requirement 31 December 2022

30 November 2022

Licensees are required to provide the QBCC with financial information annually. For most category 1-7 licensees the information is due by 31 December each year.

You can submit your information online via the myQBCC portal or via paper. We can assist you with this process and lodge the information based on your financial statements on your behalf.

To retain your licencing, you need to ensure that your current ratio, Net Tangible Asset position and Maximum Revenue meet the requirements of your licence. If you need to adjust your Maximum Revenue, you will need to lodge this request separately.

Whilst it’s not a requirement to use an accountant to assist with the lodgement of your Annual Reporting information, the QBCC has made the process a minefield (especially if you operate your business through a trust). Therefore, as always, if you need assistance with meeting this upcoming deadline, please call our office for help.

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