COVID-19 Safe Harbour for Directors

In response to the pandemic, a range of economic measures have been announced. Referred to as the COVID-19 Safe Harbour,…

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ATO Debt Guide – Avoiding recovery action

ATO Debt – What if you don’t pay? Approximately $20 billion of unpaid ATO debt remained outstanding in 2016. Businesses…

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Superannuation Guarantee Amnesty Bill has passed, six months to disclose historical non-compliance before tougher penalties apply…

The Treasury Laws Amendment (Recovering Unpaid Superannuation) Bill 2019 has now been passed. Finally. Not before there was a fair…

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Informal restructure – breathing space needed for competitive advantage

An informal restructure can give your distressed business the breathing space it needs to gain a competitive advantage. Insolvency Academic…

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Superannuation Guarantee Amnesty

The ATO estimated that in 2014-2015 alone, employers failed to pay nearly $3 billion in superannuation earnt by workers, or…

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Illegal Phoenix Activity – Reforms in Budget

Illegal Phoenix Activity Treasurer Scott Morrison says he wants to make sure small businesses avoid falling foul to phoenix activity…

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Insolvency Warning Signs – cashflow is king

Financial Literacy All directors must have some financial literacy in order to fulfil their duties and responsibilities to the company. This…

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Tax Debt. No longer just Directors Penalty Notices, multiple changes are underway…

When did you sign to agree to be personally liable for your company’s tax debt? It’s a rhetorical question –…

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Managing Insolvency Risk and Checklist for Times of Crisis

Technological Advancements and Economic Growth The breadth of technological change and digital disruption has changed businesses approach to managing insolvency…

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