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.
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.
Topics: Bankruptcy, Company Liquidation, Personal Insolvency, Tax Debt, Director Advice, Turnaround & Restructuring, company insolvency, common questions
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.
Topics: Company Liquidation
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.
Topics: Personal Insolvency, Tax Debt, Director Penalty Notice, DPN, business tax, GST, business finance, tax debts, insolvent trading
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.
Topics: Bankruptcy
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.
Topics: Company Liquidation
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
Topics: turnaround, insolvency reforms, business restructuring, small business restructuring, restructuring process, insolvency advice, business support COVID-19, debt
