ATO sounds warning over “untrustworthy” insolvency advisors, as more SMEs consider selling or closing Finance Eloise Keating 20 November 2020 The ATO is warning businesses and their tax advisors to watch out for operators offering “untrustworthy” pre-insolvency advice.
Man sentenced to six years’ jail over “intricate tax evasion” that saw $4.5 million recovered Tax Matthew Elmas 18 August 2020 The tax office has closed a 19-year tax evasion case, with a 60-year-old man sentenced to six years in jail for their role in the scheme.
‘Struggling to pay debts’: Construction woes highlight need for sub-contractor protections Construction & Engineering Matthew Elmas 5 August 2019 A spike in bad debt activity in the construction sector highlights an ongoing need for tougher laws to protect sub-contractors from being ripped off.
Company director crackdown: New laws tighten rules for business owners Politics Matthew Elmas 5 July 2019 The government's latest company director crackdown will see new laws tackle dodgy resignations and cheap asset sales that rip off creditors.
ASIC to recover more than $400,000 from abandoned companies, prompting investigations Legal Matthew Elmas 12 April 2019 ASIC is sparking investigations into a new spate of abandoned companies in a bid to recover unpaid employee entitlements.
Pay guarantee for sub-contractors “ripped off” by illegal phoenixing under Labor plan Construction & Engineering Matthew Elmas 27 February 2019 Labor wants sub-contractors to have access to a payment guarantee fund if they're left out of pocket by illegal phoenixing activity on government projects.
