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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. ...

Success Stories: Buying your business back from a Liquidator.

Success Stories: Buying your business back from a Liquidator.

A client was recently referred to Pearce & Heers by his accountant. He was the director of a company, which was facing liquidation by the ATO in nine days’ time. ...

Success Stories: Saving a business with an ATO payment arrangement.

Success Stories: Saving a business with an ATO payment arrangement.

Pearce & Heers were recently engaged by a restaurant owner on the Sunshine Coast, whose company was facing liquidation proceedings by the ATO. The ATO had rejected a number of proposals for payment arrangements put forward by the company in the past. ...

Are you at high risk of corporate insolvency? The 5 highest risk industries revealed…

Are you at high risk of corporate insolvency? The 5 highest risk industries revealed…

Is your business running a risk of corporate insolvency? If you’re working in one of these 5 industries, you have the highest risk according to statistics…...

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