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GUIDE TO ANNUAL FINANCIAL REPORTING

GUIDE TO ANNUAL . FINANCIAL REPORTING . FEBRUARY 2021. TABLE OF CONTENTS. 4. Minimum FINANCIAL Requirements (MFR) .. 4. What is MFR?.. 4. What's new?.. 4. Why does the QBCC need my FINANCIAL information? .. 4. When do I need to lodge my FINANCIAL information with the QBCC? .. 4. What will the QBCC do with my FINANCIAL information?..6. Which licensees are affected by the ANNUAL REPORTING changes?..6. What is my most recent REPORTING year ?..6. What happens if I miss the due date?..6. What if I have no income, or I am not currently trading?..6. How do I change my ANNUAL REPORTING day?..7. What if I trade through a trust structure?..7. What if my FINANCIAL information for ANNUAL REPORTING shows that I don't have enough assets?

financial failure, liquidations and bankruptcy within the industry and ensure that people are paid for their work. When do I need to lodge my financial information with the QBCC? You need to lodge your annual financial information to the QBCC by …

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