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Licensees are currently unable to exceed their allowable maximum income by more than 10%. However, many businesses are currently exceeding this threshold. The HIA has advice for businesses that are concerned they are earning more than their maximum revenue.
Among the tips offered in this resource are:
If you have concerns about exceeding your MFR category, this resource has practical advice to assist you.
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This resource is designed for builders and industry professionals who want to understand more about their minimum financial reporting requirements.