PAST ARTICLES

Consequences of director penalty notices – inaction by directors

Consequences of director penalty notices – inaction by directors

Directors who are dealing with financial difficulties of their company often bury their head in the sand. That is however, the last thing a director should be doing. As we have previously written, directors can be personally liable for company debts as a result of:...

Options for subcontractors after collapse of Probuild

Options for subcontractors after collapse of Probuild

Construction industry insolvencies are unfortunately very common and building company insolvencies usually do not result in any return for subcontractors....

Options for businesses affected by the 2022 floods

Options for businesses affected by the 2022 floods

Many businesses in South East Queensland and Northern New South Wales have just started getting back to normal trading after the Covid-19 pandemic. However, some business are again facing are facing major disruption as a result of flooding which occurred in late February and early March 2022. ...

Business tax debts increase because of Covid-19

Business tax debts increase because of Covid-19

As a result of Covid-19 there has been a significant increase in the level of tax debt owed to the ATO. This has seen unpaid tax debt nearly double in the last four years. ...

How voluntary administration saved a Covid-19 impacted business

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. ...

Options for Insolvent Businesses When JobKeeper Ends

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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