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Extending the lifeline for businesses and zombie companies due to the extension of temporary relief to “insolvency laws” until 31 December 2020. On 7 September 2020, the Treasurer announced that the...

Dealing with businesses in financial distress is difficult enough without the added stress of a pandemic. Don’t be afraid to ask for help. Directors Negotiating with Key Stakeholders after and during...

On 5 February 2020,  the long-anticipated Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2019 become law. The Bill focuses on stamping out phoenixing activities that costs the Australian Economy anywhere between...

DIRECTOR PENALTY NOTICE (‘DPN’) Company directors and their advisers need to be aware that non-lodgment of Business Activity Statements (‘BAS‘) and Superannuation Guarantee Charge (‘SGC‘) Statements with the ATO could lead...

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