What Happens If You Ignore a Letter of Demand

What Happens If You Ignore a Letter of Demand

A letter of demand has a way of landing right when you don’t need the extra stress. Maybe you’re hoping the issue resolves itself, or you’re not entirely sure what it actually means for your business. Either way, it can feel easier to set it aside for now and deal...
What to Expect During Voluntary Administration

What to Expect During Voluntary Administration

If you’re reading this, you’re probably at a point where things have gotten serious. Creditors are pushing harder, cash flow is becoming a bigger problem, and someone has put voluntary administration on the table. Voluntary administration might sound...
Voluntary Administration vs Liquidation

Voluntary Administration vs Liquidation

If your business is struggling to pay its debts, it can be hard to know what to do next. You may be dealing with creditor pressure, ATO debt, cash flow issues or the fear that the business may not survive. Voluntary administration and liquidation are both formal...
What Happens to Your ATO Debt in Small Business Restructuring

What Happens to Your ATO Debt in Small Business Restructuring

Many business owners reach out to us asking whether their tax obligations can be included in a small business restructure. General debt guides explain your options, but they don’t address the specific treatment of ATO debt within restructuring plans very well....