Christmas is marketed as a season of goodwill to all, however most businesses are affected by the period in one way or another. In this edition of Inside Edge, we have focused on two main industries and the effect of the Christmas season on businesses in those...
Background The ATO has taken some time to reveal their new powers to recover debts under the new Director Penalty Notice (DPN) regime. The new regime came into effect on 29 June 2012. Company directors (and their advisors) need to be aware that as of 29 June 2012,...
We have recently become aware of situations in which individuals who are not registered insolvency practitioners provide advice to directors to either: transfer the underlying business and assets to a new entity which then continues to operate under the control of the...
