As a business owner, you know when you’re having financial difficulty. You’re falling behind on payments, suppliers are knocking at your door, your stress levels are soaring. However, while you may be aware things need to change, you might not realise just how bad the situation is.
Topics: Director Advice, Business Debt, company insolvency
Not paying your tax debts is more than a business faux pas. Worst case, your company can be wound up and taken out of your hands. Here's everything you need to know about wind up notices, as well as what you can do to prevent your business going under.
Topics: Tax Debt, Director Advice, Business Debt
Mortgage stress is simple. If you are paying over 30% of your income towards your mortgage, you are considered to be in mortgage stress. We've put together a list of the best things to do if you are in mortgage stress.
Topics: Debt Relief, News, Mortgage Refinancing, Personal Debt
If your business is struggling, deciding what to do isn’t easy, especially if you have a small to medium business and are emotionally, as well as financially, invested. To help you make the best decision for yourself, and your company, here’s the main personal risks you could be faced with.
Topics: Director Advice, Turnaround & Restructuring, Business Debt, Business Turnaround
Should directors disclose their outstanding ATO super debts now in anticipation of the law being passed? Or do they hold off until it comes into effect?
Topics: Director Advice, Business Debt