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The small business restructure (SBR) process was introduced in 2021 as a cost-effective way for a business to compromise up to $1M in debt.
Recent ASIC statistics disclose:
Hear from our experts as they share insights on the eligibility criteria, the process we adopt to maximise your chance of a successful outcome for a client and your role as an advisor in the SBR process.
*Members of professional associations can claim attendance at this webinar for CPD/CPE purposes, if you are satisfied in your professional judgment that it meets your CPD/CPE requirements as set out in your professional association’s regulations.
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Partner
The announced 30 per cent minimum tax on discretionary trusts creates significant challenges for private groups.
It is important for business owners facing financial distress to understand all the options available to them. Small Business Restructuring (SBR) offers a pathway for small and medium sized Australian companies experiencing financial pressure to deal with unmanageable debt, reset operations, and continue trading through and beyond difficult times. SBRs are also a cost-effective solution to save a business compared to a liquidation shut down.
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