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Company Directors Personal Liability for GST

Company directors can now be personally liable for unpaid GST. The new laws takes effect from 1 April 2020. It does not apply to GST liabilities that have accrued prior to that date. The new laws follow the current Director Penalty Notice Regime that apply to PAYG and Unpaid Superannuation. The law can be summarised […]

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SEASON’S GREETINGS AND CNS PRECISION ASSEMBLY

The team at Dye & Co. Pty Ltd would like to wish everyone a very safe and Merry Christmas and a prosperous 2020. In lieu of sending Christmas cards, we have made a donation to the benefit of the CNS Precision Assembly. Their website can be viewed here: www.cns.org.au. This donation will assist in the […]

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THE CREDIT CONUNDRUM AND THE PPSR

Prior to accepting an appointment as company liquidator, we always conduct a company search.  That search includes, amongst other things, a credit check report, which includes details of enquiries, defaults logged etc. Invariably these reports disclose that the company that is about to enter liquidation has a remarkably good credit score.  This leads us to […]

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SEASON’S GREETINGS AND CDKL5 RESEARCH

  The directors and staff of Dye & Co. Pty Ltd would like to wish everyone a very safe and Merry Christmas and a prosperous 2019. Following on from last year we have made a donation to the Epilepsy Foundation that will benefit CDKL5 Research in lieu of sending Christmas cards. CDKL5 is a rare […]

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DEBTS, INSOLVENCY AND DEATH

What happens when a person dies with debt levels exceeding their assets? What happens when a sole director and shareholder of a company dies? What happens when a director dies and the company is insolvent? Over the past 40 years Dye & Co has dealt with these and similar questions on a number of occasions. […]

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COMBATING ILLEGAL PHOENIX ACTIVITY

On 26 October 2017 Dye & Co Pty Ltd lodged a submission with Treasury in relation to the proposed reforms to combat illegal phoenix activity draft legislation. On 5 September 2018 N Giasoumi attended a treasury roundtable discussion on the proposed reforms. We had previously lodged in September 2017 an initial submission with Treasury in […]

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