QBCC’s Annual Reporting Reminder – Lodge Online And Do It Now

If you are a QBCC licensee with trade contractor or builder class licence category 1-7, you are required to satisfy the minimum financial requirements for your licence. This includes providing financial information annually to the QBCC.

What is required

Your most recent annual financial information is due by 31 December 2023. This is a requirement under the legislation for all contractor-grade licensees. If you are unsure of the specific requirements for your category, visit qbcc.qld.gov.au

• Step 1    Gather your most recent financial information – for most licensees this is for end-of-financial-year 30 June.
• Step 2    Identify your annual turnover – if you are unsure, visit qbcc.build/annualreporting
• Step 3    Login to myQBCC at my.qbcc.qld.gov.au and follow the steps to lodge your annual reporting online.

If you are unsure of your licence category, you can check online. Use the QBCC’s free licensee search at www.qbcc.qld.gov.au

Penalties may apply

If you don’t provide this information by 31 December 2023, the QBCC may take disciplinary action on your QBCC licence. Disciplinary action may impact your ability to trade and may lead to conditions imposed on your licence, suspension or cancellation of your licence.

Minimum Financial Requirements

The “Minimum Financial Requirements” or “MFR” is a term used in the Queensland Building and Construction Commission Act 1991  and the MFR Regulation 2018, and refers to the broad financial obligations that building and construction licensees in Queensland must meet as part of holding a QBCC licence. QBCC Advisor Natasha Dennis-Weller has provided some Guidance Statements that should help you understand your duties.

Read more about MFR

Need help using myQBCC? Resources are available online here: myQBCC help | Queensland Building and Construction Commission. Alternatively, you can call the QBCC on 139 333 for assistance.