Accountants for Construction & Tradies in Perth

Construction accounting is a specialised form of financial management that addresses the unique needs of construction companies. It includes tracking job costs, managing contracts, handling payroll, and preparing financial statements specific to the construction industry.

Our bookkeeping service for construction includes job costing, expense tracking, payroll processing, accounts payable and receivable management, financial reporting, and tax preparation. We ensure accurate and timely financial records for your construction projects.

We keep your records accurate and up to date, prepare and lodge your tax returns, BAS and Taxable Payments Annual Report (TPAR), and identify every legitimate tax saving. We also cover WA-specific obligations for builders, such as progress claims and retention money under the Building and Construction Industry (Security of Payment) Act 2021 (WA).

Tradies in Australia can claim deductions for tools and equipment, vehicle and travel expenses (between job sites, not home to work), protective clothing and uniforms, trade-specific training and licences, phone and internet used for work, insurance premiums, and home office expenses if you do admin from home. If you operate through a company or trust, there are additional structuring opportunities to minimise tax. Our team ensures you claim everything you're entitled to while staying fully compliant with the ATO.

Most construction businesses benefit from both. A bookkeeper handles the day-to-day - bank reconciliations, invoicing, BAS preparation and payroll. An accountant provides strategic oversight - tax planning, business structuring, cash flow forecasting and compliance. At Reacco, we offer both services so you get accurate books and proactive financial advice from a single team that understands construction.

Reacco's monthly packages for construction and trades businesses start from $350 a month plus GST, scaled by turnover, with payroll priced per employee. The right package depends on your structure, transaction volume and whether you need job costing, WIP or CFO reporting. See our pricing page, or book a free consultation for a fixed quote.

Yes, at any time of year. Once you sign our engagement letter, we contact your previous accountant for your records under professional clearance rules, take over your Xero or MYOB file, become your tax agent with the ATO, and review any outstanding lodgements or ATO debts before we start.