Linkedin
Facebook
Email
more
Cost of living is high on the agenda, as Australians prepare to vote in the federal election later this month.
The Australian Tax Office is also warning tens of thousands of directors to take action on company tax debts or face the risk of full enforcement action.
Insolvency or business restructure and recovery?
The outcome often depends on timing and gaining the right professional advice, early. Personal or corporate insolvency; we are here to help: RSM Options.
View three short videos featuring insolvency, restructuring and referral experiences.
If you have any feedback around topics you’d like us to cover in future editions, please get in touch.
Best regards,
The Restructuring and Recovery team
What to do if you are in financial difficulty
This month Neil Cribb, Perth-based RSM Partner, Restructuring and Recovery, shared his advice about what to do if you find yourself in financial difficulty. Neil has been part of the RSM team for over 35 years, 30+ of those in the R&R team.
“It’s a very big deal to put up your hand and admit you are, or may be heading towards, financial difficulty - we understand that. In my experience, that tends to be one of the hardest things for people to do.” Neil Cribb.
A PERSONALISED OPTIONS REPORT
Our goal is to take the stress out of financial difficulties by equipping people with all the knowledge they need to take a confident next step.
Our new Options Report process includes four key steps:
1. Discuss and understand. A no-cost, confidential meeting.
2. Assess, review and recommend. Retained confidentially to undertake an assessment and review of the current financial position.
3. Implementation plan. Clients choose their preferred option, RSM can assist to plan for the implementation or appointment.
4. Commencement. RSM are appointed to commence the agreed appointment.
