Farewell to the peak indebtedness rule…. abolished by unanimous decision

Changes to instant asset write-off rules

As a part of the Government’s recent economic stimulus package the small business instant asset write-off (IAWO) threshold has been increased from $30,000 to $150,000. This article provides more information in relation to the amendments to the Income Tax Assessment Act 1997 (Cth) which enables the changes.

Do I need to apply for a Grant of Representation in Victoria?

What are the considerations you need to take into account when someone close to you passes away. One important questions is do I need to apply for a Grant of Representation? This article outlines when you may need to do so.

New year, new opportunity to recover your outstanding invoices

The COVID-19 temporary relief measures which applied to insolvency have largely ceased as of 31 December 2020 and now is the perfect opportunity for you to reassess your debt recovery options.

There are a number of debt recovery options available to you, depending on whether you are collecting an outstanding debt from an individual or a company.