News & Updates
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Understanding Unfair Preferences: A Recent Case
18-12-2024
A recent case in the Supreme Court of NSW highlights the complexities surrounding payments made to creditors in the lead up to a liquidation, and the need to ensure all creditors are treated equally. Read More
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Small Business Restructuring: A Roundup for 2024
18-12-2024
Positive outcomes for creditors and stakeholders can be rare in the insolvency business, but our roundup of Small Business Restructuring (SBR) activities over the past 12 months shows how we can achieve great results! Read More
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Small Business in ATO’s Crosshairs
18-12-2024
The ATO is looking to reduce the revenue gap from small businesses by recovering tax debts and helping them to avoid accumulation of debt in the future. Find out which areas of compliance and collection the ATO will be focussing on! Read More
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Payday Superannuation
26-10-2024
The government has released further details regarding changes to the payment of employees' Superannuation Guarantee at the same time as their OTE. Read More
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ATO Debt: Collection Measures to be Bolstered
26-10-2024
ATO payment arrangements that may have been acceptable in the past are no longer being considered and an increasing number of Director Penalty Notice’s (DPNs) are being issued. Are you at risk? Read More
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Director Penalty Notice … Even if the Company is deregistered!
19-06-2024
The ATO’s renewed focus on debt recovery has seen the daily rate of DPN's issued rise fourfold since mid-May – including some issued to Directors of companies that have already been deregistered! Read More
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Smith Hancock: Celebrating 30 Years
19-06-2024
Read the story of Smith Hancock and how the firm has grown and evolved over the past 30 years... Read More
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Small Business Restructuring - The best option for your client, and you.
13-02-2024
As an accountant, identifying when SBR might be appropriate and guiding a client through the process could provide an opportunity for you to keep your client in business. Read More
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Director Penalty Notices (DPNs) and the Australian Tax Office (ATO)
01-02-2024
As a company director, you are responsible for ensuring that your company’s tax and superannuation obligations are reported AND paid on time. If your returns are not lodged or paid in time, the ATO may attempt to recover the money owing from you personally. If you don’t want to risk being held personally liable it is critical that you understand what options are available to you BEFORE the ATO comes knocking at your door. Smith Hancock Partner Rommel Alfonso explains.............. Watch Video
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Struggling With Creditors? How a Small Business Restructure Can Help
14-04-2023
A Small Business Restructure is an alternative to more traditional insolvency practices, and allows directors to retain control of the business, property and affairs of their company while a restructuring plan is formulated, Watch Video