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...
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…...
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!...
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 benefit from choosing a liquidator to collaborate with on client problems – not just for liquidation! Here are 9 reasons why you should find one…...
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....
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....
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…...
The Queensland building and construction industry has had a particularly difficult time in the last 12 months....
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…...
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...
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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