What is Unbilled revenue and Deferred revenue(unearned revenue) #charteredaccountant #accounting

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In Construction? Revenue’s coming for you and your subbies Revenue won a major case in 2024 on contractor vs employee status. Now they’re targeting the construction sector — and the review starts next year. If you rely on subbies, here’s what Revenue will ask: • Are they part of your business day-to-day? • Do you decide how, when, and where they work? • Is there an ongoing expectation of work on both sides? • Do your contracts reflect how the work actually runs? If someone looks dependent — you