The Superannuation Guarantee Amnesty Dilemma

Should directors disclose their outstanding ATO super debts now in anticipation of the law being passed? Or do they hold off until it comes into effect?

Should directors disclose their outstanding ATO super debts now in anticipation of the law being passed? Or do they hold off until it comes into effect?
When a relationship breaks down and two people who have come to rely on each other part ways, it can be hard to adjust to your new lifestyle. Here are a few ways you can protect yourself financially both during your relationship and once it ends.
You now have the opportunity to make late lodgements penalty-free. But while this is a great reprieve, it’s only good if you can make payments? Learn more
If your business is struggling right now, you may be considering bringing in a pre-insolvency advisor. But beware: they can create more problems than they solve
Now the ATO has made tax debt collection a priority, the postie may drop a new orange letter at your door. But don’t stress – you have options. Learn more.
Are you a sole trader working from home? Learn how to manage your sole trader expenses, from understanding tax deductions entitlements to setting a budget.
Are you a director or intending to become one? If so, you’re now required to have a Director ID. Find out everything you need to know, including how to apply.
Need to raise quick working capital or refinance or your business? Your two options are debt financing or equity financing. Learn the pros and cons of each.
Insolvency is a financial state where you simply can not afford to pay your financial commitments. Close to 70% of Australians said they are experiencing financial distress.
As the ATO ramps up debt recovery and temporary COVID support and protection ends, is your business at risk of trading while insolvent and what should you do?