Loading…
Loading…
Drywall sits in the middle of a construction project. You mobilize after framing, finish before painting, and invoice when the walls are done. The GC holds 10% on every draw. Your taping sub hits $500 in payments faster than a T5018 ever crossed your mind. CRA deadlines land on the same week you are chasing three overdue invoices.
Markup does not replace your accountant. It makes sure CRA and your GC never have a technical reason to delay what you are legally owed.
Describe the scope in plain language. Markup AI suggests a starting point with labour and material line items common to drywall work. You review every line before it leaves your phone.
Every Markup invoice is formatted to qualify as a proper invoice under s.6.1 of the Ontario Construction Act, which starts the 28-day payment clock. Holdback is split out automatically so you always see net receivable versus retained amount.
Every payment to a taper, mudder, finishing crew, or incorporated subcontractor is tracked against the $500 CRA threshold. When a sub crosses it, Markup flags them. At year-end, export a clean CSV for your accountant.
Drywall work happens on site, not at a desk. Markup runs in the browser on any phone. Tap to mark a draw paid, capture a site photo, log an expense, or check a lien deadline from the lift.
Drywall contractors use more subcontractors than most trades. Board hangers, tapers, mudders, finishers, popcorn-removal crews, texture applicators. They come in for a phase and move on. It is easy to lose track of cumulative payments across a season.
CRA requires a T5018 for every subcontractor that receives more than $500 in a calendar year for construction or renovation work. The penalty for failure to file can reach 200% of the tax avoided. The filing deadline is February 28 of the following year.
Markup does not decide whether the Quick Method or the regular HST method is better for your business. That is a question for your accountant. What Markup does is make sure the sub-payment data your accountant needs is accurate and ready when they need it.
On any Ontario job, the GC is required by the Construction Act to hold 10% of each progress payment. That holdback is not theirs to keep. It is yours to collect once the holdback period expires after substantial performance. Markup shows the holdback amount as a separate line on every invoice so you always know the net due now versus the retained amount pending.
Your lien right is a separate, time-limited protection. In Ontario you have 60 calendar days from the last day you supplied labour or materials to register a construction lien on title. In BC the window is 45 days. In Alberta it is 60 days. Miss the deadline and the right is gone, by statute, with no equitable extension.
Markup tracks the lien deadline from the last invoice date on each project and sends an alert before the window closes. It does not register liens; you need a lawyer for that. But it will not let the deadline sneak up on you.
Questions about T5018, holdback, change orders for drywall scope, and what Markup does not do.
Ontario and BC 10% statutory holdback math on any draw amount.
Try free →Enter your last supply date, get the exact lien preservation deadline by province.
Try free →Stay ahead of every GST/HST filing. Personalized to your province and remittance frequency.
Try free →Province-correct HST, GST, and PST on any invoice amount.
Try free →