Directors, as stewards of a company’s financial health, must be aware of the far-reaching implications of Director Penalty Notices (DPNs). A Director Penalty Notice is a tool employed by the Australian Taxation Office (ATO) to hold…
ATO cracking down: An update for your business
The Australian Taxation Office has recently announced in its 2023-2024 corporate plan that its main priorities will include addressing collectible debt. This plan confirms that the ATO will be taking a stronger stance on outstanding amounts…
Breaking Down Queensland’s Infant Preliminary Disclosure Rule
In December 2021, the Queensland government amended the Uniform Civil Procedure Rules 1999 (Qld) (“UCPR”) to include a new rule headed ‘Orders for preliminary disclosure’.[1] Under the new rule, the Court may order that a ‘prospective…
Causation and reliance in misleading or deceptive conduct under the Australian Consumer Law
Under section 18 of the Australian Consumer Law (ACL), a person must not, in trade or commerce, engage in conduct that is misleading or deceptive or likely to mislead or deceive. Section 236 of the ACL…
Parting ways: Issues that arise when winding up companies that are part of a partnership
Parting ways: Issues that arise when winding up companies that are part of a partnership While liquidators are usually very adept at approaching the winding up of companies pursuant to the Corporations Act 2001 (Qld), complex…