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Court-ordered winding up, also known as liquidation, is a legal process in which a court orders the dissolution of a company, and sale of its assets to pay off its debts. Typically, this process is initiated by a creditor or director who is owed a substantial amount of money by the company and has exhausted other means of payment recovery.…
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The Australian government has made several changes to tax and superannuation regulations that will affect small business entities. Here are some of the key points to keep in mind: Temporary Full Expensing and Instant Asset Write-Off The government will not extend the Temporary Full Expensing measure beyond 1 July 2023, which means that if eligible businesses planned to make significant…
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