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HOW MUCH DOES IT COST TO LIQUIDATE A COMPANY IN AUSTRALIA?

by Paul Gidley29.09.22

When your company is insolvent and needs to be placed into liquidation, the stressors around not being able to meet your financial obligations are prevalent.

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BANKRUPTCY AND THE CONSTRUCTION INDUSTRY

by Jeff Shute15.09.22

The construction industry has been hit really hard in the last few years, and the insolvency data is supporting this. In the wake of pandemic lockdowns, restrictions, strikes and supply chain issues,

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AUSTRALIAN TAXATION OFFICE (ATO) WINDING UP PROCEEDINGS

by Shaw Gidley22.08.22

If winding up proceedings are pursued, a company is placed into liquidation by the court and a liquidator is appointed to the company.

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HOW TO ENSURE YOU’RE NOT STUCK WITH BIG DEBT NEXT EOFY

by James Shaw22.08.22

The steps you can take to take the stress of owing debt at 22/23 EOFY

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DID COVID CHANGE BANKRUPTCY LAW IN AUSTRALIA?

by Paul Gidley22.08.22

Everything you need to know about the temporary amendment to bankruptcy laws over the Covid-19 period

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AUSTRALIAN TAXATION OFFICE (ATO) PAYMENT PLAN / ARRANGEMENT

by Shaw Gidley19.08.22

Where a company is unable to pay its tax debts on time, the Australian Taxation Office (ATO) may permit taxpayers to pay an amount of a tax-related liability by instalments under an arrangement.

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AUSTRALIAN TAXATION OFFICE GARNISHEE NOTICES

by Shaw Gidley19.08.22

Under section 260-5 of Schedule 1 of the TAA, the ATO can require a third party who owes money or holds money on behalf of a tax debtor to pay that money to the ATO.

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AUSTRALIAN TAXATION OFFICE (ATO) CREDIT REPORTING

by Shaw Gidley17.08.22

From 21 February 2020, the Australian Taxation Office can disclose tax debt information of a business with an ABN to credit reporting bureaus where certain criteria are met.

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AUSTRALIAN TAXATION OFFICE DIRECTOR PENALTY NOTICE

by Shaw Gidley06.04.22

If you receive a letter from the Australian Taxation Office advising you that you are subject to a Director Penalty Notice, you should immediately contact your accountant or solicitor.

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LOOK BOTH WAYS. SME DIRECTORS NEED TO NOTE STATUTORY AND GENERAL LAW DUTIES TO AVOID ENFORCEMENTS ISSUES.

by Shaw Gidley02.03.22

As a director of a small to medium enterprise (SME) you may be keeping your eye more closely on your duties under the Corporations Act 2001 (Cth) (the Act) in the current trading environment.

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2021 IN REVIEW QUIET TIMES FOR CORPORATE UNDERTAKERS

by Jeff Shute17.12.21

Government pandemic support measures resulted in 2021 being a quiet year for insolvency and turnaround professionals.

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WHAT 'EVIDENCE' CAN SAVE THE FAMILY HOME IN BANKRUPTCY?

by Shaw Gidley05.10.21

Protecting the family home is often front-of-mind when one partner in a relationship undertakes some form of financial risk.

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GST’s MANY MOVING PARTS LEAVE ADMINISTRATORS OUT OF POCKET

by Shaw Gidley29.07.21

The issues of particular relevance in this case are the mismatch between accounting methods between the Company and the Administrators

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