Will Small Business Restructuring work for you and your company?
Will Small Business Restructuring work for you and your company?

We have written about the then proposed small business restructuring scheme  here. The new small business restructuring laws came into effect on 1st January this year. The scheme will be beneficial for companies with unmanageable tax debts. Tax debts cannot be compromised other than the reduction of interest and penalties imposed. Small business restructuring however, […]

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Small business restructuring laws commence
Small business restructuring laws commence

We have previously written about proposed new small business restructuring laws here and here. The laws came into effect from 1 January 2021. This is how they can help your business solve its debt (including tax debt) problems. Simplified Way to Settle a Company’s Debts  The directors engage a registered liquidator to assist in preparing […]

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Proposed Small Business Restructuring Legislation Moves to the Senate
Proposed Small Business Restructuring Legislation Moves to the Senate

We have previously discussed the Australian Federal Government’s proposal for a simplified small business restructuring process (SBRP). Key features and requirements were covered by the article. The House of Representative on 8 December 2020 passed the Corporations Amendment (Corporate Insolvency Reforms) Bill 2020 after three readings. It is now slated to be debated in the […]

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ADVICE AND ASSISTANCE

If you have a tax debt , you should urgently obtain professional advice and assistance.  This will help you avoid ATO recovery action.

We can assist you deal with your tax debt problems.  So, please call us for an initial no obligation free consultation.

Struggling with Tax Debt?
We can help.  So call us today.

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Tax Debt Solved
GPO Box 691
Brisbane Qld 4001

Email: mail@taxdebtsolved.com

Fax:  07 3221 8885
Phone: 07 3221 0055





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