Company Liquidation – Risks for Directors Part 2
Part 2 of Company Liquidation – Risk for Directors. Looking at QBCC-related companies. ...
PAST ARTICLES
Company Liquidation – Risks for Directors Part 1
Part one of Company Liquidation – Risk for Directors. It looks at the risks of ATO Director Penalty Notices, Director / Shareholder Loan Accounts and Personal Guarantees....
Success Story: Settling Debts for a Property Developer
Through our negotiations with creditors our client avoided liquidation and the risks involved. ...
Coronavirus Financial Impact on Charities and Charity Insolvency
Since the economic impact of coronavirus (COVID-19) hit in March and April 2020, many companies have relied on JobKeeper payments and the deferral of debts by banks, landlords and financiers to avoid insolvency. This includes numerous charity organisations that have seen significant declines in reve...
Risks of Director Penalty Notices: A Case Study
Our client could have avoided Director Penalty Notices and the liability involved. Contact us before it's too late. ...
COVID-19 Disruption – Rent Relief Negotiations and the Code of Conduct
Rent relief negotiations are a vital component of the survival strategy for many businesses experiencing significant disruption due to COVID-19. The National Cabinet’s mandatory Code of Conduct for landlords and SME tenants provides guiding principles for negotiating rent relief arrangements wher...
Changes to Insolvent Trading Laws due to Coronavirus
A company is insolvent if it is unable to pay amounts that it owes to creditors when they become due and payable. There are various relevant in determining when a company is insolvent, some of which are set out here. ...
Liquidation of a Solvent Company by Members’ Voluntary Liquidation
A members’ voluntary liquidation (MVL) is the formal process of winding up a solvent company. During the MVL process, any surplus assets are distributed to a company’s members...
Superannuation Guarantee Amnesty Becomes Law
On 6 March 2020, the Federal Government introduced a Superannuation Guarantee Charge (SGC) amnesty. The amnesty allows employers to disclose and pay previously unpaid SGC whilst taking advantage of some benefits. ...
Impact on Business of Coronavirus; Business Tax Debts
The coronavirus has had a massive impact on businesses. Whilst there are various government support schemes in place, many businesses have been losing money and one of the first things that businesses stop paying are tax debts. ...
Covid-19 Disruption: Options for Businesses Which are Not Currently Viable
mothball [verb] - to withdraw from use or service and keep in reserve; to stop work on an idea, plan or job, but leaving it in such a way that you can start on it again at some point in the future. ...
Confronting Coronavirus Disruption to Business
There have already been many businesses which have been financially impacted by coronavirus. In this article we look at what thoses businesses can do and how we can help. ...
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