Top 5 warning signs of business failure
Top 5 warning signs of business failure When financial pressure is mounting, a company director has a lot of noise to deal with. In this situation, a small business owner can become blinkered and miss the obvious warning signs in...Read More →
The ATO’s stronger debt collection measures
The ATO’s stronger debt collection measures The Australian Tax Office (ATO) has implemented stronger debt collection measures to counter the recent increase in tax debt of small business owners. The Sydney Morning Herald recently reported an increase in Australian tax...Read More →
Federal government safety net for employees
Federal government safety net for employees When an employee loses their job through the liquidation or bankruptcy of their employer, they will have recourse to a federal government safety net called the Fair Entitlements Guarantee (FEG) for protection of certain...Read More →
Personal bankruptcy – what you need to know
Each year, it seems the stigma associated with bankruptcy continues to fade just a little…but should it? While every individual’s situation is different and needs to be considered on its own merits, there are upsides and downsides to filing for bankruptcy...Read More →
2017 Federal Budget – What you need to know
In delivering his second Federal Budget last night, Scott Morrison, Federal Treasurer, has committed to the principles of “fairness, opportunity and security”. Bentleys’ team of tax experts has reviewed the budget in detail. Click here to read our full report on key tax and...Read More →
Safe harbour protection – a step closer for directors
In December 2015, the federal government announced that, as part of the National Innovation and Science Agenda, insolvency laws would be reformed to include a “safe harbour” for directors. The announcement came in response to the government recognising that insolvency...Read More →