Digital Assets in No Man’s Land
As with any pioneering expeditions, those who embark on journeys to find or create something completely new, will either shine in glory or find themselves in no man’s land.…
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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…
Covid-19: A pathway to recovery
Where to from here? At the end of September 2020, temporary relief for financially distressed businesses (directors' personal liability for insolvent trading, increase in the threshold at which creditors…
The Unknown Unknown of 2020
“But there are also unknown unknowns-the ones we don’t know we don’t know. And if one looks throughout history, it is this category that tend to be the difficult ones”…
