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NOT AGAIN – $23 MILLION PPSR LESSON

NOT AGAIN – $23 MILLION PPSR LESSON

Newsletter

by Paul Gidley26.02.17

In May 2016, we reported on GE’s failure to comply with the Personal Property Securities Act 2009 and the resulting loss of their $50M in turbines to the Liquidators of Forge Group Power Pty Limited.
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PERSONAL LIABILITY AND EXCISE DUTY

blog article

PERSONAL LIABILITY AND EXCISE DUTY

by Paul Gidley21.11.16

BEWARE: The Australian Taxation Office (“ATO”) has a wide power to pursue directors and other “entrusted persons” personally for unpaid company excise duty
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SHAW GIDLEY SUPPORTS INAUGURAL CAANZ CENTRAL COAST SAILING DAY

blog article

SHAW GIDLEY SUPPORTS INAUGURAL CAANZ CENTRAL COAST SAILING DAY

by Paul Gidley04.11.16

Shaw Gidley is pleased to jump aboard and sponsor the first Chartered Accountants Australia and New Zealand Central Coast annual sailing day.
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IS PERSONAL INSOLVENCY THE BEST OPTION?

blog article

IS PERSONAL INSOLVENCY THE BEST OPTION?

by Paul Gidley26.10.16

Household debt greater than disposable income, unemployment, bankruptcies on the rise these are trends to information released by the Australian Financial Security Authority
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phoenix1

blog article

ATO AND ASIC RAIDS ON PROFESSIONAL ADVISORS LINKED TO PHOENIX ACTIVITY

by Paul Gidley15.08.16

Earlier this month, the ATO and ASIC conducted raids on 13 businesses and residences across the country in a bid to crack down on “pre-insolvency” firms that assist clients to avoid tax and encourage
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ACCOUNTANT JAILED FOR HELPING CLIENT

blog article

ACCOUNTANT JAILED FOR HELPING CLIENT

by Paul Gidley21.07.16

We look at the provisions and case law around advisers overstepping their involvement in a client’s company and when all goes wrong.
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ciocco

case study

THE CIOCCO CASE STUDY AND NEW POST-BANKRUPTCY INCOME AND PROPERTY PROVISIONS

by Paul Gidley30.06.16

Under the recently determined Di Cioccio vs. Official Trustee in Bankruptcy, the Federal Court determined that when bankrupts use post-bankruptcy income to purchase nonexempt assets during their bankr
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proposedchange

blog article

PROPOSED CHANGES TO PERSONAL INSOLVENCY LAWS

by Paul Gidley30.06.16

In December 2015, the Federal Government unveiled its innovation package with 24 measures aimed at revitalising innovation in Australia.
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RECEIVED A COMPLIANCE NOTICE FROM THE NSW OFFICE OF STATE REVENUE? ACT ON IT!

blog article

RECEIVED A COMPLIANCE NOTICE FROM THE NSW OFFICE OF STATE REVENUE? ACT ON IT!

by Paul Gidley20.06.16

There has been an abundance of commentary recently warning directors of the debt recovery avenues available to the Australian Taxation Office (“ATO”) to pursue directors personally for unpaid company
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$50M LESSON FOR FAILING TO REGISTER ON THE PPSR

blog article

$50M LESSON FOR FAILING TO REGISTER ON THE PPSR

by Paul Gidley27.05.16

A recent decision in the Supreme Court of New South Wales has again illustrated the potential severe consequences for lessors of equipment, and other goods.
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TAX PLANNING: WRAPPING UP DORMANT COMPANIES

blog article

TAX PLANNING: WRAPPING UP DORMANT COMPANIES

by Paul Gidley27.05.16

The end of the 2016 financial year is quickly approaching and many of us are undertaking tax planning activities.
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BLASTING AROUND BULAHDELAH

blog article

BLASTING AROUND BULAHDELAH

by Paul Gidley17.05.16

Last Friday 13 May, 14 ‘weekend warriors’ from business backgrounds and businesses including Forsythes Recruitment, Lambourne Partners, Andrews Accountants, Shaw Gidley, Element Advisers & Dirt Action
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TAKING A CLOSER LOOK AT THE NEW INSOLVENCY LAW REFORM BILL

blog article

TAKING A CLOSER LOOK AT THE NEW INSOLVENCY LAW REFORM BILL

by Paul Gidley01.03.16

In December last year, the federal government unveiled its Innovation Package with twenty-four measures aimed at revitalising innovation in Australia.
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