New laws encourage business turnaround and protect Directors

Directors working on business turnarounds will soon have a defence against insolvent trading claims, thanks to the Australian government’s new laws.

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Tax debt help for individuals in serious financial difficulty

Individuals in serious financial difficulty may not be able to meet their tax obligations – but help may be at hand. Get professional tax debt help here…

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Safe Harbour: How it will help companies and their directors

Australia’s insolvency laws make sure companies trade only while they are solvent. Find out about the proposed exceptions that could change that.

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Paying it back – how going bankrupt will affect your income

Being declared bankrupt will significantly impact your income as you will be required to pay income contributions. But how are these amounts determined?

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Turnaround engagements: 3 steps to help your business survive

When it comes to turnaround strategies, you need to act quickly. Here are three steps that will help your business survive a turnaround engagement.

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How to resolve Director disputes by means of external administration

Liquidation and voluntary administration can be used to resolve Director disputes. But here are the issues you need to consider when making your decision.

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How to resolve shareholder disputes independently through liquidation

Resolving shareholder disputes can mean lengthy and costly legal battles. Here’s how liquidation can help solve these disputes independently.

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What happens to your assets when you declare bankruptcy?

If you’re thinking about declaring bankruptcy, one of your biggest fears will be losing everything you have. But the truth is, quite a few of your assets are actually protected. For example, you are allowed to keep: most personal household items, such as furniture...
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Saving a business in trouble: The 4 stages of awareness

When a business is in trouble, people generally go through four stages of awareness. Here’s what they all are, and why you never want to reach stage four.

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4 ways to help your clients avoid tax debts on their credit report

If your business has a tax debt, the ATO will soon be able to disclose it to credit report bureaus. Here’s how to minimise the chances of it happening.

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