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[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][templatera id="942"][/vc_column][/vc_row][vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_empty_space height="40px"][/vc_column][/vc_row][vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern" padding_top="5%" padding_bottom="5%"][vc_column width="1/4"][vc_widget_sidebar sidebar_id="News Sidebar" el_class="sidebarSpacing"][/vc_column][vc_column width="3/4"][vc_column_text] SV Partners Quarterly Newsletter - June 2019 Welcome to the 24th issue of SV Partners' Quarterly Newsletter. In this issue, we will cover topics concerning Company Directors' exposure to Personal Liabilities, The Power of the ATO during insolvency, Gaining access to your...

During the financial year ended 30 June 2018, the ATO was the initiator of 20% of all company liquidations and 4% of all bankruptcies during this period. Further to this, the ATO used garnishee powers in approximately 1.1% of all business and individual debts. As of 30 June 2018, the ATO were owed $23.7 billion in collectable debt with $15.1 billion of this debt relating to small businesses....