Specialist Accountants for Flooring Businesses
Flooring businesses work across residential and commercial projects, often with tight margins. Tradewise helps floorers stay profitable and tax-efficient.
Flooring Business Pain Points
- Tracking costs across multiple projects
- Claiming specialised tools and machinery
- Vehicle and travel deductions
- GST mistakes on quotes and invoices
- No clear job margin visibility
Top ATO Risks:
- Claiming personal tools or flooring materials
- GST errors on large renovations
- Not tracking vehicle or travel to multiple job sites
- Cash job under-reporting
Flooring-Specific Deductions
- Tools and installation equipment
- Machinery and sanding equipment
- Vehicles and fuel
- PPE and workwear
- Phone, software, and admin costs
Key Advice:
- Separate personal purchases from business
- Maintain mileage records for vehicles
- Invoice every job and track GST accurately
How Tradewise Accountants Helps Trade Businesses Reduce ATO Risk
- At Tradewise Accountants, we specialise in trade businesses. For each trade we:
- Benchmark deductions against industry standards
- Ensure vehicle, tool, and equipment claims are compliant
- Set up bookkeeping and invoicing systems
- Manage BAS and GST accurately
- Deal with the ATO on your behalf if needed
- Most tradies see fewer audit flags and better cash flow within months of working with us.
How Tradewise Helps Floorers
- Job costing and profit tracking
- BAS and tax compliance
- Cash flow visibility
- Fixed-price accounting packages