- Unit 25, 42 Bundall Road, Bundall QLD 4217
- | Mon to Fri 8:30am to 5:00pm
- hello@elev8ba.com.au
- 0425 609 720
Specialist accounting, tax, and advisory services for construction and property professionals.
Identify what drives—or holds back—profitability. We review pricing, utilisation, margins, and service costs to provide actionable improvement strategies.
Get guidance on hiring, service expansion, new offices, and succession planning to support sustainable, long-term growth.
Ensure your business structure evolves with growth, optimizing tax efficiency, asset protection, and future planning.
Stay compliant with expert management of financial statements, tax returns, BAS, payroll, STP reporting, superannuation, payroll tax, FBT, and ongoing tax planning.
Financial statements, tax returns, BAS, payroll reporting, STP, payroll tax, FBT, QBCC MFR reporting, and superannuation.
Preparation and lodgement of Fringe Benefits Tax returns where required.
In most professional service businesses, the answer lies in pricing and utilisation rather than volume. Underpricing is the most common issue – many businesses price based on what they think clients will accept rather than what the work actually costs to deliver. Improving charge-out rates, reducing non-billable time, and tightening scope management on fixed-fee work typically have a faster impact on profit than winning additional clients.
This is an area with significant compliance risk if handled incorrectly. The ATO applies specific tests to determine whether a working arrangement is genuinely a contractor relationship, and getting it wrong can result in back payments of superannuation, PAYG withholding, and payroll tax. The correct arrangement depends on the nature of the work, the level of control, and the commercial terms. We review arrangements before they’re put in place, not after a problem arises.
Start with a clear understanding of your costs – including the true cost of delivering each service when overhead and non-billable time are factored in. From there, pricing should reflect the value delivered and your market positioning, not just an hourly rate multiplied by time. Many professional service businesses benefit from a move toward fixed or value-based pricing, which improves predictability for both parties and removes the ceiling on margin.
When profit is growing, when you’re taking on employees, when you start accumulating personal assets worth protecting, or when you’re thinking about bringing in a business partner or planning an exit. Structure decisions become more expensive to fix the longer they’re left – reviewing early gives you more options.