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Avoid Illegal Phoenix Activity with Prepacking

If a company fails and is placed into Liquidation or Administration, suddenly, there may be another company with a very similar name that starts trading, providing similar (or even the same) goods and services.

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Topics: Director Advice, Turnaround & Restructuring, Business Debt, small business restructuring

Director Penalty Notices - How to Avoid Director Liability

he Australian Taxation Office has a variety of tools they can use to recover ATO debt from a company. If your company owed the ATO any Pay as You Go Withholding (PAYGW) or Superannuation Guarantee Charge (SGC), the ATO can send a director of a company a Director Penalty Notice (DPN).

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Topics: Tax Debt, Director Advice, Business Debt