by admin | Mar 15, 2022 | Blog
Home » Blog What is a Directors Penalty Notice (DPN)? A DPN refers to an ATO issued notice for unpaid tax liabilities which directors can become personally liable for. As we enter into the recovery phase of the pandemic, the ATO is recognising the resumption of debt...
by admin | Feb 22, 2022 | Blog
Running a business can be very rewarding but also very draining at times. Here at Greenhalgh Pickard we aim to help all ranges of business from sole traders to companies. Managing cash flow is one of the responsibilities crucial to success. In this article we...
by admin | Feb 15, 2022 | Blog
Structuring can extend beyond the use of a single entity; for example, a single business operation does not have to be confined to only a single company. There are combinations of companies, trusts, partnerships, and joint ventures, which may benefit certain types and...
by admin | Feb 15, 2022 | Blog
A company is a business structure in which you create a legal entity separate from its owners and operators that is owned by its shareholders, unlike sole trader and partnership structures where you retain the legal responsibility personally. This separate legal...
by admin | Feb 15, 2022 | Blog
Home » Archives for admin A sole trader is the simplest form of business structure. It is defined as a business owned and operated by one person in their name. It can be relatively easy and inexpensive to set up; however, as a sole trader you’re legally...
by admin | Feb 4, 2022 | Blog
Home » Archives for admin Traditionally operating a business through a company has been seen as a way of protecting personal assets from a business’ creditors. In recent years the ATO has extended its reach to company directors making them liable to PAYG, super...