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ATO Doubles Down on Debt Recovery Efforts
The ATO is doubling down on its debt recovery efforts, with a focus on aged, high-value debts. This is in response to the growing collectable
Section 444GA of the Corporations Act: Transfer of shares in a company in administration
Section 444GA of the Corporations Act 2001 (Cth) (Corporations Act) allows a deed administrator of a company in administration to seek leave of the Court
ATO Cracks Down on Unpaid Small Business Tax
The Australian Taxation Office (ATO) has ramped up its enforcement action against small businesses with unpaid tax debts. In the first seven months of 2023,
ATO Tax Penalty Amnesty for Small Businesses
The Australian Taxation Office (ATO) has announced a tax penalty amnesty for small businesses that have fallen behind on their tax returns. The amnesty will
Superannuation Funds and Bankruptcy
Superannuation in a regulated super fund is generally protected and is not considered to be property divisible among creditors in a personal bankruptcy scenario. This
Introducing Payday Super: A Step Towards Ensuring Timely Superannuation Payments
In a significant move to promote financial security and improve retirement savings for Australian workers, the Albanese Government has introduced a new initiative called Payday