Small business insolvency reforms land in Parliament – AccountantsDaily

Legislation setting out reforms to Australias insolvency framework has now been introduced into Parliament. The Corporations Amendment (Corporate Insolvency Reforms) Bill 2020 has now been introduced, laying out significant changes that the government contends will help small businesses restructure and survive the economic impact of COVID-19. The reforms are set to kick in from 1…

Restaurant Association urges government to compensate part of catering companies’ losses – Baltic Times

RIGA – The Restaurant Association has submitted a number of proposals to the government that is currently working on support mechanisms for the hospitality industry during the Covid-19 pandemic, which suggest partial compensation for a fall in catering companies’ turnover and reducing the value added tax for the industry for at least eighteen months after…