‘The cost of doing business’: A building sector at boiling point
After a series of alleged large-scale tax fraud in the construction industry, subbies fear they can no longer compete as firms underquote by “leveraging the ATO”.
“This may be our last year,” the engineering contractor says, after decades in business.
The frustration among subcontractors in the building industry is reaching a boiling point. Following the revelation of alleged large-scale pay-as-you-go (PAYG) tax fraud by major subcontractors in the sector, with some cases left undetected for up to 15 years, they are convinced that tax dodging is endemic in the industry.
David Marin-GuzmanWorkplace correspondentDavid Marin-Guzman writes about industrial relations, workplace, policy and leadership from Sydney. Connect with David on Twitter. Email David at david.marin-guzman@afr.com
