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- Business law
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Personal insolvency/bankruptcy frequently asked questions
What is Bankruptcy and why would you choose to become Bankrupt? Bankruptcy occurs when an individual is insolvent (unable to pay their debts as and when they fall due) and...
Corporate insolvency frequently asked questions
What is External Administration? Insolvency appointments consist of several types, including administrations, receiverships, and liquidations. Usually, a company that enters into an external administration owes money to its creditors. External...
Deadline set for Director Identification Numbers (DIN)
What’s a DIN? Recent amendments to Corporations Act 2001 compel all company directors to prove their identity with a Director Identification Number (DIN) and the date has been set for...
The difference between non lockdown and lockdown director penalty notices
“Non Lockdown” DPN’s: PAYG Tax, GST or Superannuation: Unpaid but Returns Lodged Within Relevant Periods A company is required to: Pay PAYG Tax and GST to the ATO by due...
