In today’s climate, an increasing number of disputes are escalating to litigation. Going to court is not only costly but can also be a stressful and intimidating experience. 

Cash flow is often described as the lifeblood of a business. This is especially true for small and medium-sized enterprises.

Recently, the ATO has commenced disclosing businesses’ debt information to credit reporting agencies if the business meets certain criteria.

You may have noticed that over the last 12 months the Australian Taxation Office (“ATO”) have returned to “business as usual” in terms of enforcing overdue tax debts.

With the increase in DPNs being issued by the ATO, companies operating small businesses are often faced with a difficult decision to make about whether to place their company into administration or liquidation.