What is a members’ voluntary liquidation and how is it arranged?

What is a members’ voluntary liquidation and how is it arranged?

A members’ voluntary liquidation (MVL) is a tool used to formally dissolve and deregister a solvent company. Here we show you how to do that, but first, let’s look at some of the benefits… The benefits of Members’ Voluntary Liquidation The MVL process is commonly used to: Save ongoing compliance costs e.g. preparing and lodging …

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Struggling with superannuation debt? Now’s the time to act

Struggling with superannuation debt? Now’s the time to act

With the announcement of the Government’s latest measure to stamp out superannuation non-payment – a one-off, 12-month amnesty – businesses who have superannuation debt should seize this opportunity to be proactive. But what exactly does the amnesty mean? And what do businesses who take advantage of this new legislation stand to gain? Superannuation non-payment reforms …

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Business turnaround – the questions you need to ask yourself to survive

Business turnaround – the questions you need to ask yourself to survive

Is your business in distress? If declining sales, negative cash flow and low morale have been keeping you up at night, chances are you already know the answer. While admitting there’s a problem isn’t easy, the good news is, it’s the first step to recovery. But what next, you might be asking – how do …

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