In short: Experts say some parents do cash-in-hand work, salary sacrifice, set up business structures, and lodge late tax returns to avoid child support payments. Services Australia, which administers the scheme, referred 168,082 parents to the Australian Tax Office in 2022-23 for having overdue tax returns. What’s next?: The federal budget allocated $5 million for…
With the private debt marketplace described as a minefield to navigate, research house Zenith Investment Partners has shared tips to help advisers select the right fund. Private debt is among the growing asset class of alternatives as investors seek alternative sources of income. Types of products can include corporate lending-bilateral, corporate lending-syndicated, PE sponsor-backed lending…
Turkish food delivery startup Getir will be divided into two companies as part of a restructuring that will bring in an investment of $250 million by Mubadala Investment Co. This move follows a power struggle between Getir Co-founder and CEO Nazim Salur and Getirs Turkey head Batuhan Gultakan, as well as post-pandemic challenges faced by…
HOUSTON (AP) A federal judge on Friday ordered the liquidation of conspiracy theorist Alex Jones personal assets but dismissed his companys separate bankruptcy case, leaving the immediate future of his Infowars media platform uncertain as he owes $1.5 billion for his false claims that the Sandy Hook Elementary School shooting was a hoax. Judge Christopher…
Article 0 Comments R&Q Insurance Holdings Ltd. confirmed that on June 21 it had filed with the Bermuda Supreme Court an application to appoint joint provisional liquidators to oversee the liquidation and ultimately the winding up of the company. The company anticipates that this process will result in the prompt closing of the sale of…
The widow of underworld figure Carl Williams has been declared bankrupt by the Federal Court, after it was reportedly revealed there was almost $300,000 owing in unpaid taxes. The court on Tuesday ordered that the estate of Roberta Merieca Williams be sequestrated, following an application by the deputy commissioner of taxation. Carl Williams widow Roberta…
By Stephen Johnson, Economics Reporter For Daily Mail Australia Published: 17:56 AEST, 24 June 2024 | Updated: 18:43 AEST, 24 June 2024 A major home building company has collapsed just 18 months after it was fined more than $40,000 for underpaying a worker… Read the full article at: https://www.dailymail.co.uk/news/money/article-13561889/Designer-Projects-Victoria-Pty-Melbourne-home-building-company-liquidated-fined-underpaying-worker.html
Over the past two years, voluntary administration has become an all-too-common phrase in the beer world, a sign of the challenges faced by the brewing industry at a time when the wider economy is experiencing an ongoing downturn. While the number of VAs represents only a small percentage of the entire brewing industry, the attention…
Despite being one of the biggest names in Asian music, Hong Kong Heavenly King Jacky Cheung, 62, is very private when it comes to his family, including his younger sister and older brother, Cheung Hok Chi. Recently, veteran Taiwanese media personality Xu Shengmei revealed on a talk show that Hok Chi was compulsive gambler, just like his…
Despite being one of the biggest names in Asian music, Hong Kong Heavenly King Jacky Cheung, 62, is very private when it comes to his family, including his younger sister and older brother, Cheung Hok Chi. Recently, veteran Taiwanese media personality Xu Shengmei revealed on a talk show that Hok Chi was compulsive gambler, just like his…