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ATO and banks take to the courts to claw back debts

Signs appear that directors are being pursued personally for historical company debts, says insolvency specialist ....

Patrick Schweizer , Malcolm Howell , Jirsch Sutherland , Insights Report , Director Penalty Notice , Small Business Restructuring ,

Te wiki o te tāke: Should the IRD name-and-shame company tax debtors?

Te wiki o te tāke: Should the IRD name-and-shame company tax debtors?
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Time running out for 50,000 'nervous' directors with ATO debt

The clock is ticking for thousands who were given a stern warning by the ATO to act on their tax liabilities late last month. ....

John Mcinerney , Tony Zhang , Director Penalty Notices , Director Penalty Notice , Superannuation Guarantee Charge , Pay As You Go Withholding Tax , Accountants Daily , Momentum Media , Lawyers Weekly , Adviser Innovation ,

ATO puts 50,000 directors on notice

The ATO is sending its strongest message on debt enforcement since the pandemic, says Grant Thornton. ....

John Mcinerney , Tony Zhang , Tax Office , Director Penalty Notice , Accountants Daily , Momentum Media , Lawyers Weekly , Adviser Innovation ,

Practitioners urged to consider Small Business Restructure approach for tax debt

As the economy continues to battle ongoing waves of COVID-19, the use of the Small Business Restructure process can become a viable alternative approach instead of a repayment plan to better manage any underlying tax debt, according to Grant Thornton. ....

John Mcinerney , Tony Zhang , Grant Thornton , Small Business Restructure , Insolvent Trading , Director Penalty Notice ,