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10 Common questions asked by worried directors, answered.

Posted by Revive Financial on Apr 13, 2021 12:54:06 PM

If your business is in trouble, it can lead to fear, uncertainty and many questions. Find the answers and understand the requirements for being a director here.

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Topics: Bankruptcy, Company Liquidation, Personal Insolvency, Tax Debt, Director Advice, Turnaround & Restructuring, company insolvency, common questions

Deregister or Liquidate – Which is Best For You?

Posted by Revive Financial on Mar 22, 2021 4:34:00 PM

When a company stops trading, it is up to the director to deal with it correctly. Otherwise, it will sit dormant and accumulate fees. There are several ways to close your company. In this article, we run through the options, so you can make a decision whether to deregister or enter liquidation.

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Topics: Company Liquidation

Director Penalty Notice – What they are and how to avoid them

Posted by Revive Financial on Mar 5, 2021 3:26:05 PM

What is a director penalty notice (DPN)? How do you deal with one? And how can you avoid them? Tip: Keep your tax debts and business finances in check.

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Topics: Personal Insolvency, Tax Debt, Director Penalty Notice, DPN, business tax, GST, business finance, tax debts, insolvent trading

Keep Trading as a Sole Trader if you are Bankrupt

Posted by Revive Financial on Feb 19, 2021 11:26:00 AM

After years of working to build your business from the ground up, the thought of losing it all because your personal finances are dire is a nightmare. It is still possible to keep trading as a sole trader if you are bankrupt or personally insolvent.

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Topics: Bankruptcy

The Consequences for Those Involved in a Liquidated Company

Posted by Revive Financial on Feb 1, 2021 12:00:00 AM

If your company is being liquidated, it can be a frightening process. You will see a company you value quickly dissolve, you won’t get to see your co-workers anymore, and you will have lost your income.

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Topics: Company Liquidation

Step-by-Step Guide to the New Small Business Restructuring Process

Posted by Revive Financial on Jan 6, 2021 1:07:53 PM

From determining eligibility to acceptance of the plan, learn how the new reforms to support small business work after coming into effect on 1 Jan 2021

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Topics: turnaround, insolvency reforms, business restructuring, small business restructuring, restructuring process, insolvency advice, business support COVID-19, debt

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