Bankruptcy: the importance of getting the documents right
It is well-known that the term of bankruptcy is three years (soon to be one year, if some amendments to the Bankruptcy Act are accepted by Federal Parliament – watch this space!). People in the ‘front bar’ still think five years, and sometimes even eight years, all of which is possible if a bankrupt person […]
War Story: DPN – Director moved house?
Most accountants are aware of the ins and outs of Director Penalty Notices – lockdown versus non-lockdown DPNs, lodgement timeframes, new directors etc. If you could do with a refresher on DPNs, click here. What I want to share with you is a story about a director who moved house – let’s call him Fred […]