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No Longer Require Your Company? Access Cash Flow Boost Tax-Free in a Members' Voluntary Liquidation

Is your business struggling and are you considering members’ voluntary liquidation? Find out how any surplus cash flow boost will be treated for tax purposes.

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Topics: Director Advice, Business Debt, turnaround, reduce business debt, business finance, common questions, business viability, small business finance, Insolvency, cash flow boost eligibility, ATO cash flow boost, NANE income, members voluntary liquidation

Can't Get an ATO Payment Arrangement? Here Are Your Options

If your business is struggling with tax debt and the ATO hasn’t shown you debt forgiveness through an ATO payment arrangement, here are the options open to you.

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Topics: Tax Debt, Director Advice, Turnaround & Restructuring, Business Debt, turnaround, reduce business debt, small business restructuring, business tax, business finance, common questions, small business finance, ATO payment plans

Debt vs Equity Financing - Which is Best to Fund Your Business?

Need to raise quick working capital or refinance or your business? Your two options are debt financing or equity financing. Learn the pros and cons of each.

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Topics: Director Advice, Turnaround & Restructuring, Business Debt, reduce business debt, small business restructuring, business finance, equity financing, small business finance, Insolvency, business funding, debt financing

Federal budget 2021-22: How will it affect you?

Josh Frydenberg’s federal budget 2021-22 announcement included many provisions to support Australia’s economic recovery. What does this mean for SMBs and individuals?

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Topics: Business Debt, News, Personal Debt, business support COVID-19, business tax, business finance, financial support, personal finance, tax cuts, federal budget, income tax, josh frydenberg, Debt Management Plans

Director Penalty Notice – What They Are And How To Avoid Them

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, Business Debt, Director Penalty Notice, DPN, business tax, GST, business finance, tax debts, insolvent trading

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