by Brad Vincent | Sep 25, 2023 | our-blogs
The ATO has been doing the rounds lately confirming their support for Small Business Restructuring. In a recent talk at the Tax Institute’s Tax Summit 2023, Deputy ATO commissioner Vivek Chaudhary suggested SBR may be a solution for small businesses in the face...
by Brad Vincent | Jul 14, 2023 | our-blogs
It’s a little known fact that the most popular course of action to deal with a company in financial distress is to do nothing at all! Throughout COVID, companies were abandoned by the thousands. Directors just walked away, and the number of monthly formal insolvency...
by Brad Vincent | Jul 11, 2022 | our-blogs
From time to time we’ll get a call from a director wanting to put their company into liquidation. We get most of the way through the discussion only to discover their company is at “Deregistered” status with ASIC. We then have to explain the liquidation cannot proceed...
by Brad Vincent | Jun 3, 2020 | our-blogs
Quite a bit has been said during COVID-19 about businesses that were already struggling or have been caused to struggle by the shutdown, but what about businesses that were in a good place but have just had to stop? If you are in that situation and you are considering...
by Brad Vincent | Apr 17, 2020 | our-blogs
In the hundreds of calls we take each month through our advisory hotline, the most common conversation we have is “I need a liquidation, but I can’t afford the fee, what can I do?”. Liquidation is an involved process. A straight forward liquidation...
Recent Comments