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Tips for Accountants when Dealing with Company Liquidators

If one of your clients has entered liquidation, it won’t be long before the company liquidator contacts you. Here’s how to deal with them and their requests.

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Topics: Tax Debt, Business Debt, debt, corporations act, Insolvency, Liquidation, small business, accountants, company debt, company liquidators, letter

When Do Directors Become Personally Liable?

Directors are generally protected from the actions and debts of their company, with exceptions. Here's what directors can be held liable for in Australia.

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Topics: Tax Debt, Business Debt, debt, corporations act, Insolvency, Business, small business restructuring process, Director Liability, personal guarantees, company finances, director insurance, deed of indemnity, phoenix activity

4 Alternatives to Avoid Liquidating Your Business

For Australian businesses meeting their debts but starting to feel a cashflow squeeze, there are options to company liquidation.

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Topics: Company Liquidation, Business Debt, Liquidation

The Simple Guide to Liquidation

As a company director, it can be overwhelming to deal with a struggling business. Here we explain the ins and outs, who is involved, and the different types of liquidation in Australia.

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Topics: Company Liquidation, Business Debt, Liquidation

Deregister or Liquidate – Which is Best For You?

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, Business Debt, Liquidation