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HAS THE ATO PUSHED ITS AGED PAYABLE PROBLEM INTO THE SME SECTOR?

by Paul Gidley27.03.17

Readers may recall Shaw Gidley predicting in our November 2015 newsletter that the ATO’s hard-nosed approach to debt collection may eventually result in their significant aged payable problem.
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PAY YOUR TAX OR RECEIVE A BLACK MARK

by Paul Gidley26.02.17

The Federal Government recently released its mid-year Economic and Fiscal Outlook in which it announced its enhancements in the integrity of the tax system by allowing the Australian Taxation Office.
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NOT AGAIN – $23 MILLION PPSR LESSON

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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NEW YEARS RESOLUTION – TRIM THE BAD DEBT

by Paul Gidley27.12.16

A positive start to 2016 is just what we all need. Aside from new years resolutions focused on getting fit and eating less.
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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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 Blog 11.15.3

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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?

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

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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

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

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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

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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!

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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