ATTENTION: RECENT CHANGES TO SUPERANNUATION, DIRECTOR PENALTY NOTICES AND DIRECTOR PERSONAL LIABILITY
On 1 March 2019 the Treasury Laws Amendment (2018 Measures No. 4) Bill 2018 received Royal Assent. The effect of this, amongst other changes, resulted in the removal of the three-month grace period relating to Superannuation Guarantee Charge (SGC) debts. As a result, from 1 April 2019 SGC liabilities become personal liabilities of the director […]
Read More
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 […]
Read More
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 […]
Read More
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. […]
Read More
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 […]
Read More
Dye & Co. – Fourth Annual Symposium
Thank you to all of our colleagues for making the Fourth Annual Symposium the best one yet.
Read More
DISRUPTING PHOENIX ACTIVITY
The term “phoenix activity” does not appear in statutes but has for many years been used to describe a sale of business assets to a related party for no consideration or less than market value with the intention of defeating creditors. The Corporations Act 2001 and its predecessors, have for decades contained laws in […]
Read More-
What are my options? Call NOW 03 9818 8800
Our directors can talk to you, in confidence, when you call. Get an immediate understanding of your options and how we can assist.
