Readers may possibly recall that the Federal Government announced a raft of temporary relief measures in late March 2020, some of which were aimed at giving directors of companies’ confidence … Read More
https://www.jonespartners.net.au/wp-content/uploads/jp-logo.jpg00Bruce Gleesonhttps://www.jonespartners.net.au/wp-content/uploads/jp-logo.jpgBruce Gleeson2020-10-20 13:48:152020-10-21 12:23:25Temporary Relief for Directors Personal Liability for Trading Whilst Insolvent
On 22 March 2020 the Government announced temporary relief for financially distressed companies, to help businesses get to the other side of the Coronavirus crisis. These provided a regulatory shield … Read More
Readers may possibly recall that the Federal Government announced a raft of temporary relief measures in late March 2020, some of which were aimed at giving directors of companies’ confidence … Read More
https://www.jonespartners.net.au/wp-content/uploads/Bruce-200.png224200Bruce Gleesonhttps://www.jonespartners.net.au/wp-content/uploads/jp-logo.jpgBruce Gleeson2020-10-07 14:47:552020-10-07 14:50:18Temporary Relief for Directors Personal Liability for Trading Whilst Insolvent
The Federal Government announced on 7 September 2020 a further extension to 31 December 2020 of temporary relief measures that were previously set to expire on 24 September 2020. Curiously, … Read More
https://www.jonespartners.net.au/wp-content/uploads/Bruce-200.png224200Bruce Gleesonhttps://www.jonespartners.net.au/wp-content/uploads/jp-logo.jpgBruce Gleeson2020-09-09 11:29:212020-10-02 14:31:49Temporary Relief Measures for Financially Distressed Businesses Extended – Proceed with Caution
Covid 19 was first confirmed in late January 2020. Subsequently on 20 March 2020 restrictions such as the closing of our borders and social distancing were introduced. Since these restrictions … Read More
https://www.jonespartners.net.au/wp-content/uploads/Bruce-200.png224200Bruce Gleesonhttps://www.jonespartners.net.au/wp-content/uploads/jp-logo.jpgBruce Gleeson2020-07-21 10:28:482020-10-02 14:32:15Why strong emotional cashflow is critical for success
The proliferation of zombie companies pre Covid-19 has largely been fuelled by reduced financial pressure. Examples being financial institutions continuing to offer (or not otherwise call in) finance to non-viable … Read More
https://www.jonespartners.net.au/wp-content/uploads/Bruce-200.png224200Bruce Gleesonhttps://www.jonespartners.net.au/wp-content/uploads/jp-logo.jpgBruce Gleeson2020-05-21 10:28:062020-10-02 14:34:41Beware of Zombie Companies Post Covid-19
Directors can already be held personally liable for Pay-As-You-Go [“PAYG”] and Superannuation Guarantee Charge [“SGC”] liabilities of a company in certain circumstances via the Director Penalty Notice [“DPN”] regime. 2020 … Read More
https://www.jonespartners.net.au/wp-content/uploads/Bruce-200.png224200Bruce Gleesonhttps://www.jonespartners.net.au/wp-content/uploads/jp-logo.jpgBruce Gleeson2020-01-30 10:27:292020-10-02 14:35:06Directors Personally Liable for GST
Bankruptcy is a concept that is frequently misunderstood, particularly given that in Australia it relates to the affairs of an individual as opposed to a company (noting in America the … Read More
https://www.jonespartners.net.au/wp-content/uploads/Bruce-200.png224200Bruce Gleesonhttps://www.jonespartners.net.au/wp-content/uploads/jp-logo.jpgBruce Gleeson2019-10-16 10:20:292020-10-02 14:35:30Bankruptcy & Financial Rehabilitation of Individuals
Over the twenty-five (25) years that I have been advising individuals who have been in some form of financial difficulty, I believe between 15-20% of those bankruptcies to which I … Read More
https://www.jonespartners.net.au/wp-content/uploads/Bruce-200.png224200Bruce Gleesonhttps://www.jonespartners.net.au/wp-content/uploads/jp-logo.jpgBruce Gleeson2019-08-19 09:55:352020-10-02 14:35:56It doesn’t need to always end in bankruptcy?
Before we crack open the champagne, we need to put these statistics into perspective rather than looking at them in isolation – specifically let’s look at what appears to have … Read More
https://www.jonespartners.net.au/wp-content/uploads/jp-logo.jpg00Bruce Gleesonhttps://www.jonespartners.net.au/wp-content/uploads/jp-logo.jpgBruce Gleeson2019-06-17 09:03:492019-06-17 09:03:49Australian bankruptcy numbers at a 24-year low. Credit card lending at an 8-year low. Is this good news?
Temporary Relief for Directors Personal Liability for Trading Whilst Insolvent
/in Covid-19 Updates /by Bruce GleesonReaders may possibly recall that the Federal Government announced a raft of temporary relief measures in late March 2020, some of which were aimed at giving directors of companies’ confidence … Read More
COVID-19 – TEMPORARY RELIEF MEASURES
/in Covid-19 Updates /by Bruce GleesonOn 22 March 2020 the Government announced temporary relief for financially distressed companies, to help businesses get to the other side of the Coronavirus crisis. These provided a regulatory shield … Read More
Temporary Relief for Directors Personal Liability for Trading Whilst Insolvent
/in Blog, Insolvency Business Recovery Media Updates /by Bruce GleesonReaders may possibly recall that the Federal Government announced a raft of temporary relief measures in late March 2020, some of which were aimed at giving directors of companies’ confidence … Read More
Temporary Relief Measures for Financially Distressed Businesses Extended – Proceed with Caution
/in Blog, Insolvency Business Recovery Media Updates /by Bruce GleesonThe Federal Government announced on 7 September 2020 a further extension to 31 December 2020 of temporary relief measures that were previously set to expire on 24 September 2020. Curiously, … Read More
Why strong emotional cashflow is critical for success
/in Blog, Insolvency Business Recovery Media Updates /by Bruce GleesonCovid 19 was first confirmed in late January 2020. Subsequently on 20 March 2020 restrictions such as the closing of our borders and social distancing were introduced. Since these restrictions … Read More
Beware of Zombie Companies Post Covid-19
/in Blog, Insolvency Business Recovery Media Updates /by Bruce GleesonThe proliferation of zombie companies pre Covid-19 has largely been fuelled by reduced financial pressure. Examples being financial institutions continuing to offer (or not otherwise call in) finance to non-viable … Read More
Directors Personally Liable for GST
/in Blog, Insolvency Business Recovery Media Updates /by Bruce GleesonDirectors can already be held personally liable for Pay-As-You-Go [“PAYG”] and Superannuation Guarantee Charge [“SGC”] liabilities of a company in certain circumstances via the Director Penalty Notice [“DPN”] regime. 2020 … Read More
Bankruptcy & Financial Rehabilitation of Individuals
/in Blog, Insolvency Business Recovery Media Updates /by Bruce GleesonBankruptcy is a concept that is frequently misunderstood, particularly given that in Australia it relates to the affairs of an individual as opposed to a company (noting in America the … Read More
It doesn’t need to always end in bankruptcy?
/in Blog, Insolvency Business Recovery Media Updates /by Bruce GleesonOver the twenty-five (25) years that I have been advising individuals who have been in some form of financial difficulty, I believe between 15-20% of those bankruptcies to which I … Read More
Australian bankruptcy numbers at a 24-year low. Credit card lending at an 8-year low. Is this good news?
/in Blog, Insolvency Business Recovery Media Updates /by Bruce GleesonBefore we crack open the champagne, we need to put these statistics into perspective rather than looking at them in isolation – specifically let’s look at what appears to have … Read More