PAST ARTICLES

What happens to my house if I go bankrupt?

What happens to my house if I go bankrupt?

Article by Mark Davidson Ever wondered what would happen to your property in bankruptcy and if it was possible to keep it? It depends on number of factors, however the key thing to understand is that your interest in a property upon becoming bankrupt vests in your trustee, on behal...

ATO Garnishee Notices Issued to Banks

ATO Garnishee Notices Issued to Banks

The Australian Taxation Office (ATO) issues numerous Garnishee Notices each year to recover tax debts owed by companies. By far and away the most common type of Garnishee Notice that the ATO issues, is a Garnishee Notice to ...

My business isn’t paying superannuation. What are the consequences?

My business isn’t paying superannuation. What are the consequences?

If you have a business and are not paying superannuation to your employees, you can face penalties. Find out your requirements as an employer, and what happens if you fail to pay super....

Struggling businesses: 4 things you should look out for when choosing the right insolvency advisor

Struggling businesses: 4 things you should look out for when choosing the right insolvency advisor

Need advice on restructuring or understanding your options at this critical time? Here are 4 things to look out for when choosing the right insolvency advisor… ...

Administration of insolvent deceased estates – What you need to know

Administration of insolvent deceased estates – What you need to know

When someone passes away their deceased estate may be insolvent or become insolvent. What happens if you have to administer a deceased state? Find out here…...

ASIC director banning: When it applies and what you can do to avoid it

ASIC director banning: When it applies and what you can do to avoid it

Just because your company is placed into liquidation doesn’t mean you’ll be banned as a director. Learn when ASIC director banning applies & how to avoid it…...

Behind with your super payments? Understand the penalties for not paying super and how to avoid them

Behind with your super payments? Understand the penalties for not paying super and how to avoid them

The ATO has estimated that, conservatively, Australian businesses have failed to pay about $17 billion in superannuation in the eight years up to 30 June 2016. ...

What happens to superannuation in bankruptcy?

What happens to superannuation in bankruptcy?

Considering bankruptcy? Could your retirement funds be at risk? Find out what happens to your superannuation in bankruptcy… it’s not simply black & white....

Self-Managed Super Funds & Bankruptcy: Understand your options to protect your future

Self-Managed Super Funds & Bankruptcy: Understand your options to protect your future

Got a self-managed super fund and facing bankruptcy? Find out what your risks and options are so that you make the right decision for your future…...

Government cracking down on illegal phoenix activity

Government cracking down on illegal phoenix activity

With the latest government crackdown on illegal phoenix activity, if you or your clients are facing insolvency, find out how this could affect your decisions…...

ATO aggressively pursuing recovery of tax debts

ATO aggressively pursuing recovery of tax debts

Got a personal or business tax debt? The ATO is getting more aggressive with recovery. Find out why it’s vital to act now to protect yourself & your business…...

Liquidate a company to avoid Director Penalty Notice liability

Liquidate a company to avoid Director Penalty Notice liability

Before you liquidate your company to avoid a director penalty notice, understand the consequences - and what your other options might be. Find out here…...

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