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IS PERSONAL INSOLVENCY THE BEST OPTION?

IS PERSONAL INSOLVENCY THE BEST OPTION?

Newsletter

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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ATO AND ASIC RAIDS ON PROFESSIONAL ADVISORS LINKED TO PHOENIX ACTIVITY

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

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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PROPOSED CHANGES TO PERSONAL INSOLVENCY LAWS

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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OUR SURFAID CUP TEAM HELPS CHARITY RAISE MUCH NEEDED FUNDS

blog article

OUR SURFAID CUP TEAM HELPS CHARITY RAISE MUCH NEEDED FUNDS

by Paul Gidley29.02.16

Our SurfAid Cup team has raised $3,500 for charity SurfAid as part of its entry in the SurfAid Cup 2016, which was held Friday 26 February 2016 at Merewether Beach. Their contribution helped SurfAid
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NEW YEARS RESOLUTION – TRIM THE BAD DEBT

blog article

NEW YEARS RESOLUTION – TRIM THE BAD DEBT

by Paul Gidley27.12.15

Aside from new years resolutions focused on getting fit and eating less, the new year presents a good opportunity to refocus on getting personal finances on track.
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10 WARNING SIGNS OF BUSINESS FAILURE

blog article

10 WARNING SIGNS OF BUSINESS FAILURE

by Paul Gidley21.12.15

If you’re a business owner or director, it is important to always remain mindful of the early warning signs of corporate insolvency.
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