What can businesses do now that JobKeeper has ended?
In March ,there were still over 370,000 business and 1 million employees taking advantage of JobKeeper. So now that JobKeeper has ended what will happen to those businesses who relied on it?...
PAST ARTICLES
How voluntary administration saved a Covid-19 impacted business
Voluntary administration can sometimes be the best option for a company in financial difficulty. Especially if a business has been severely impacted by Covid-19. ...
When Is Liquidation The Best Option For Your Company?
Is liquidation necessarily bad? Should you avoid liquidation at all costs? Or can liquidation actually be the best thing for your company? This article looks at the key issues of company liquidation....
Further Extension of Covid-19 Insolvency Relief From 1 January 2021
There are new requirements to access the temporary protections afforded to insolvent businesses and their directors due to Covid-19. We can discuss all the options with you. ...
Insolvent Trading Moratorium Extended
As part of the Federal Government's COVID-19 Measures, it introduced a moratorium regarding trading a business while insolvent, this has been extended to 31 December, but not without conditions. ...
Federal Government Releases Proposed Small Business Restructuring Legislation
The Federal Government has now released draft legislation for small business restructuring being the Corporations Amendment (Corporate Insolvency Reforms) Bill 2020....
Simplified liquidation process; How does it work and what will it cost
The simplified liquidation process is intended to reduce the cost of liquidation and maximise the return to creditors. In this article we look at how the process will work and what it will cost....
Covid-19 Insolvency Protection Extended
Temporary protections afforded to insolvent individuals and businesses during COVID-19, were due to expire at the end of Septemeber 2020, these have now been extended until 31 December 2020. ...
How will Small Business Restructuring to Avoid Liquidation Work
We explore how the Federal Government's new proposal for small business restructuring to avoid liquidation will work in practice. ...
Coronavirus Business Disruption – Rent Relief Negotiations
At the moment, some businesses will need further rent relief from their landlord in addition to that which is mandatorily prescribed. And this is where Pearce & Heers is here to help....
Proposed New Small Business Restructuring Process
The Federal Government has proposed a new, simplified small business restructuring process for eligible small businesses....
Options for Insolvent Businesses When JobKeeper Ends
We look at what options are available if your business is facing difficulties paying its debts after JobKeeper ends....
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