Charles & Co Assists Automotive Repair Business with Small Business Restructure

What was the situation?  Our client, a well-established automotive repair business serving Melbourne’s South Eastern Suburbs for over 30 years, faced significant tax debts due to the prolonged impacts…

Charles & Co helps appease a family dispute

What was the situation?  Spouses were engaged in a long-drawn out family law dispute which involved several property holdings. The jewel in the property crown was a large-scale commercial…

Charles & Co helps client unlock capital reserves by utilising a solvent liquidation strategy to minimise tax

What was the situation?  Our client who operated a greeting card business until the late 1990s advised us that this entity had outlived its useful purpose and as such…

Charles & Co helps an accommodation business implement a small business restructuring plan

What was the situation?  Our client operated a short-term rental accommodation business which was heavily reliant on overseas students and hospitability workers. Thus, it was deeply affected from plummeting…

Charles & Co successfully sells wholesale art supplier business

What was the situation?  National Art Materials Pty Ltd (NAM) has been one of Australia's premier wholesale art suppliers for over 30 years. As a result of a grouping…

Charles & Co helps to turnaround a food processing company

What was the situation?  Our client is one of Australia's leading food processing companies with annual turnover of $90m and over 100 employees. Our client had experienced significant losses…

A tale of two lockdowns

ATO's current approach to debt collection will change The ATO paused debt collection to bushfire impacted communities in late 2019, and then extended this across the entire population from…

Insolvency reforms to help small business

What are the new reforms? The government has made changes to our insolvency framework to help more small business restructure and survive the economic impact of Covid-19. Where restructuring…