Are any of your clients directors of a company in financial trouble? If so, here are four ways they can avoid risks, including bankruptcy, from any director loans they owe....
The way the ATO applies payments it receives can make a big difference. Here's how to get the order changed to help your clients’ businesses....
Have you got clients facing liquidation by the ATO? Having trouble negotiating a payment arrangement? Here are some tips on how to do it (and how we can help)....
Being the director of a company carries numerous potential liabilities – we look at a few of the situations where you must also take on the business' debt....
The Australian Taxation Office handles a large number of debts, and chases up businesses in many ways. Here is what to look out for....
A Gold Coast pre insolvency advisor has been sentenced to eight months imprisonment, which is to be served by way of an intensive correction order. This follows an investigation and subsequent prosecution instigated by the ASIC. The investigation and prosecution resulted from the advisor arrangin...
In August 2016, the ATO and the ASIC conducted raids on 13 businesses and residences in Brisbane, the Gold Coast and Melbourne. The raids were targeted at one or more pre-insolvency advisors who the ASIC and the ATO suspected may have been involved in facilitating illegal phoenix activity. Illeg...
The ASIC is currently taking steps to combat illegal phoenix activity. The ASIC has advised “illegal phoenix activity is a serious crime and may res...
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