Key Points:
The threshold at which Queensland building and
construction work become leviable has changed.
Are you engaged in building and construction work in Queensland?
If so, the Construction and Tourism (Red Tape Reduction) and Other
Legislation Amendment Bill 2014 is relevant to you.
Introduced into the Queensland Parliament on 18 March 2014, the
Bill proposes amendments to the Building and Construction Industry
(Portable Long Service Leave) Act 1991 (Qld) which, since 1992, has
imposed a number of levies on the undertaking of building and
construction work in Queensland.
At present, persons for whom building and construction work is
done, are liable to pay levies totalling 0.525% of the total cost
of work where the cost is expected to exceed $80,000. These levies
are:
