Business insolvency | Cactus Consulting

Tax debts increase due to Covid-19

26 Apr 2021

The ATO has taken virtually no recovery action to collect tax debts since the start of the Covid-19 pandemic. This has led to many businesses simply racking up more debt.

How to Solve Your Company’s Debt Problems

30 Mar 2021

Numerous businesses have unmanageable debt and will have to make difficult decisions.

We at Cactus Consulting can advise you on the available options if your business is in financial difficulty and is finding it hard to keep up with costs and expenses.

Pre-insolvency Advisers Sentenced To Jail

01 Mar 2021

If you require any pre-insolvency advice, our team of accountants is ideally placed to provide professional advice on alternatives to bankruptcy or liquidation. It is always important to seek advice from qualified professionals.

Options For Insolvent Businesses When JobKeeper Ends

02 Feb 2021

In this article we look at the options that are available to your company if it is unable to pay its debts at the end of the JobKeeper scheme.

Insolvency Appointments Declined Significantly Despite COVID-19

15 Dec 2020

The Australian Securities and Investments Commission and the Australian Financial Security Authority recently released the statistics for insolvency appointments across Australia.

Extension of Insolvency Relief Measures

30 Oct 2020

The government has recently extended the JobKeeper program to March 2021, albeit in reduced sums. Other measures have also been extended to 31 December.