Insights

The Small Business Restructuring (“SBR”) regime has proved to be an excellent tool to help revive businesses. It was introduced in January 2021 with little fanfare and plenty of scepticism. In the first six months, there were only 12 SBR appointments. However, it has gained popularity and has become a...

If you or your client have received an Orange Notice from the Australian Taxation Office (ATO) with orange highlights and a heading that reads “Warning of possible Director Penalty Notice (DPN) for an unpaid company debt”, you must not ignore it. Companies with unpaid tax liabilities or outstanding lodgements, must...

At the start of the COVID-19 pandemic, the State and Federal Governments introduced a number of excellent measures to assist businesses from collapsing. These included monetary assistance such as JobKeeper, cashflow boost, the introduction of a moratorium on director insolvent trading, higher thresholds for responding to demands from creditors and...

If you are a property developer or an adviser in the property development sector, you should be aware of the recent change to GST laws which became effective 1 July 2018. In summary, it is now a requirement for purchasers of new residential premises or potential residential land to withhold...