PAST ARTICLES

When are directors liable for unpaid superannuation?

When are directors liable for unpaid superannuation?

Under the ATO’s Director Penalty Notice regime, company directors can be personally liable for a company’s unpaid superannuation.  The unpaid superannuation is (after three months) payable to the ATO as superannuation guarantee charge (SGC) and the ATO can issue a Director Pena...

Exposed: 8 Common Bankruptcy Myths

Exposed: 8 Common Bankruptcy Myths

Don’t believe everything you hear about bankruptcy! Whether it's right for you depends on your circumstances. Here are 8 common bankruptcy myths exposed…...

7 Common liquidation myths that need busting

7 Common liquidation myths that need busting

Are you considering liquidation of your company? If so, don’t fall for these 7 common liquidation myths… go with the facts rather than unfounded fears!...

How to replace a Bankruptcy Trustee: New laws for creditors explained

How to replace a Bankruptcy Trustee: New laws for creditors explained

Are you a creditor looking for advice on replacing a bankruptcy trustee? New laws to empower creditors could make the replacement of that trustee easier....

Accountants: 9 reasons for choosing a liquidator now to better help your clients

Accountants: 9 reasons for choosing a liquidator now to better help your clients

Accountants benefit from choosing a liquidator to collaborate with on client problems – not just for liquidation! Here are 9 reasons why you should find one…...

Can you be a sole trader while bankrupt?

Can you be a sole trader while bankrupt?

Sole traders: Are you in financial difficulty and considering bankruptcy? There are ways you can remain a sole trader while bankrupt. They're explained here....

Reduce the risk of losing your home in bankruptcy: Steps to save your home

Reduce the risk of losing your home in bankruptcy: Steps to save your home

If you are in financial difficulty, you face the risk of losing your house in bankruptcy. Take these steps before or during bankruptcy to lower your risks....

Building Company Directors: Are you liable for QBCC Home Warranty insurance costs?

Building Company Directors: Are you liable for QBCC Home Warranty insurance costs?

Are you across the QBCC home warranty insurance scheme? Could you be at risk of personal liability for unfinished or defective work? Find out here…...

How to prevent construction project failure becoming a financial disaster

How to prevent construction project failure becoming a financial disaster

The Queensland building and construction industry has had a particularly difficult time in the last 12 months....

QBCC Deed of Covenant and Assurance: What are the risks to directors?

QBCC Deed of Covenant and Assurance: What are the risks to directors?

It may be a mandatory requirement for you as a director to execute a QBCC Deed of Covenant & Assurance. But first be aware of the potential risks…...

Building company liquidation: Will you lose your building licence?

Building company liquidation: Will you lose your building licence?

When a Queensland-based building company is placed in external administration (such as liquidation or voluntary administration), the company’s Queensland Building and Construction Commission (QBCC) licence is generally cancelled immediately. But with a building company liquidation, w...

Safe harbour reforms: How can they protect you from insolvent trading?

Safe harbour reforms: How can they protect you from insolvent trading?

Is the fear of insolvent trading a concern for you as a company director? If so, the new safe harbour reforms may help you sleep easier at night. In order to prepare you for these reforms, which have recently come into effect, we cover the essentials of what safe harbour protection will mean… ...

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