20 Jan New Restructuring and Insolvency Processes for Small Business
[rt_reading_time label="Reading Time:" postfix="minutes" postfix_singular="minute"] Welcome to 2021! In our previous update in the December Quarterly Newsletter (read here), we provided an overview on the New Restructuring and Insolvency Processes for Small Business. Roll forward to 1 January 2021 and the changes have come into effect for eligible small businesses. The Australian Government has compiled a useful fact sheet pertaining to Simplified Debt Restructuring which can be found here. Below are some key points for consideration...