Dealing with Company Debt and the ATO – Video

Dealing with Company Debt and the ATO – Video

In April of this year, we published an article discussing insolvent trading and dealing with the Australian Taxation Office (ATO). In the video below, John Carrello from our Western Australia office outlines how things are never as simple as they seem and discusses...
Case Study: The sands of time

Case Study: The sands of time

The administration of the following bankrupt estate is ongoing and names have been changed to protect privacy.   Sam became bankrupt in January 2019 after his related company was liquidated and the ATO issued a Directors Penalty Notice (DPN) of circa $250K. He...
Restructuring Rabbit

Restructuring Rabbit

Restructuring Rabbit In the wake of prevailing economic headwinds facing Australian business, you will likely be hearing about companies “Restructuring” in order to return to profitability, or indeed survive. Such economic headwinds are a result of surging inflation,...
ATO becoming pro-active again.

ATO becoming pro-active again.

As we emerge from the COVID-19 pandemic and head towards an endemic phase, the ATO appears to be awakening from its slumber. During the pandemic, the ATO effectively ceased all winding up applications, but now as we head to some form of normality the ATO is beginning...