fbpx

PAST ARTICLES

When Is Liquidation The Best Option For Your Company?

When Is Liquidation The Best Option For Your Company?

We look at the key issues of company liquidation, including circumstances where it is beneficial for a company to be placed in liquidation....

Post Covid-19 Business Restructuring – Voluntary Administration vs Legal Phoenix

Post Covid-19 Business Restructuring – Voluntary Administration vs Legal Phoenix

Many businesses have been significantly impacted by the Covid-19 pandemic. This may have resulted in them accruing unpayable debts, such as tax debts. A lot of these businesses will return to profitability, however, it may not be enough to pay off the unpaid debts they have incurred. ...

Applying for Bankruptcy: A New Bankruptcy Form

Applying for Bankruptcy: A New Bankruptcy Form

To become bankrupt, you will need to complete a Bankruptcy Form. This is a new form which was issued by the Australian Financial Security Authority (AFSA) in January 2020....

Company Liquidation – Risks for Directors Part 3

Company Liquidation – Risks for Directors Part 3

Part 3 of Company Liquidation – Risk for Directors. Covering Insolvent Trading and ASIC Director Banning....

Company Liquidation – Risks for Directors Part 2

Company Liquidation – Risks for Directors Part 2

Part 2 of Company Liquidation – Risk for Directors. Looking at QBCC-related companies. ...

Success Story: Settling Debts for a Property Developer

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

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...

COVID-19 Disruption – Rent Relief Negotiations and the Code of Conduct

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

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

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 and the company is ultimately deregistered. ...

Superannuation Guarantee Amnesty Becomes Law

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

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. ...

ARE YOU CONSIDERING
BANKRUPTCY?

There may be ways to prevent it. Let us show you how.

GET IN TOUCH

We’re happy to answer any questions you may have, so please don’t hesitate to call us and schedule a consultation.

BRISBANE OFFICE

Address

Level 12
127 Creek Street
Brisbane Qld 4000

Phone

Phone: 07 3221 0055
Fax: 07 3221 8885

Postal Address

GPO Box 691
Brisbane Qld 4001

Email

mail@pearceheers.com
GOLD COAST OFFICE

Address

Level 15, Corporate Centre One
2 Corporate Court
Bundall Qld 4217

Phone

Phone: 07 5630 1179
Fax: 07 3221 8885

Postal Address

PO Box 4973
Gold Coast MC Qld 9726

Email

gcmail@pearceheers.com
FOLLOW US