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Visit our dedicated small business restructuring site for small business owners facing financial distress.

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Insolvency Fact-checker

An interactive tool that helps directors and small business owners think through whether their company may be insolvent and what early steps are worth considering. It is a starting point for understanding the position, not a substitute for tailored advice.

Further Reading

Title
Short Summary
ATO's Directors Penalty Notice Information
An explanation of the Director Penalty Regime, how directors can become personally liable for unpaid company tax debts, and why acting early matters.
AFSA's Guide on Personal Bankruptcy and Company Liquidation
This guide, created jointly by AFSA in collaboration with ASIC and ARITA, offers essential insights into how personal bankruptcy and company liquidation interact.
AFSA's Dealing with Debt
AFSA provides strategies and insights for small businesses grappling with debt management and the implications of bankruptcy.
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