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Funds Management and Superannuation

A $2 million-dollar error: What SMSF professionals can learn from the auditor liability cases

Recent findings highlight SMSF audit risk and provide highly useful, transferable lessons for accountants and lawyers.

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Insolvency and Reconstruction

Director Identification Numbers – important dates
Statutory demands are serious documents and should never be ignored.
4 April, 2022
Insolvency and Reconstruction

Disputes between directors and shareholders and the importance of taking proactive steps early
We are regularly engaged to assist directors and shareholders who are engaged in disputes, often where there is a 50/50 deadlock, as the interests in the business are equally owned (whether as shareholders or beneficiaries of a trust). Often the...
25 March, 2022
Insolvency and Reconstruction

Changes to Director Penalty Notices do not allow payment arrangements
After putting collections on hold during the depths of the COVID-19 pandemic, the Australian Taxation Office (ATO) has returned to recovering debts, including issuing Director Penalty Notices (DPN’s). However, in a recent change enacted by the ATO, directors are no...
21 March, 2022