Eventum Optimum

🎄 Holiday Closure Notice: Eventum Optimum will close at 5 pm on Friday, 20th December, and reopen at 8:30 am on Thursday, 2nd January 2025. Wishing you a joyful holiday season and a fantastic year ahead. #HolidayNotice #YearEndWishes #EventumOptimum

DPNs explained: A company director is responsible for ensuring that the company’s tax and superannuation obligations are both reported and paid on time. A director becomes personally liable for a penalty at the end of the day the company is due to pay its obligation for any unpaid: ➡️ Pay-As-You-Go (PAYG) withholding. ➡️ “Net” GST (Goods and Services Tax, Wine Equalisation Tax, and Luxury Car Tax). ➡️ Superannuation obligations. After 21 days: 🫢 The penalty is imposed automatically by law as soon as the company fails to pay the debt by the due date. 🫢 The penalty is equal to the amount of the outstanding and overdue debt, which is why it is important to act quickly so we can help you! Contact us today: https://lnkd.in/gaahYXVk

The numbers don’t lie, business insolvencies have skyrocketed by 39% in FY24, with the ATO ramping up debt collection efforts. But here’s the good news: more directors are embracing restructuring as a lifeline to survive and thrive. At Eventum Optimum, we specialise in Small Business Restructuring (SBR), a powerful tool that: ✔️ Lets directors stay in control while restructuring. ✔️ Helps businesses with debts up to $1 million reduce liabilities and retain value. ✔️ Creates tailored plans, approved by creditors, to rebuild stronger. ✔️ Improves cash flow, reduces debt and keeps operations running. Don’t let fear paralyse you, proactive action can save your business and secure your future. Let’s have the conversation that could change everything. Your wakeup call starts here. 📈 #BusinessRestructuring #DebtRelief #InsolvencySolutions #EventumOptimum #SmallBusinessSupport #AustralianBusiness

Drowning in debt doesn’t mean you have to lose everything. A Personal Insolvency Agreement (PIA) offers a smarter way forward: ✔️ Stay in Control: With a PIA, you can settle debts through a trustee without the drastic consequences of bankruptcy. ✔️ Fewer Restrictions: Keep your credit options open and protect future business opportunities. ✔️ A Fresh Start: Unlike bankruptcy, a PIA helps you manage debts while retaining control over your finances and assets. Why lose it all when you can rebuild smarter? At Eventum Optimum, we’ll help you navigate this game-changing alternative. Your financial reset starts here. #DebtSolutions #TakeControl #PersonalInsolvency #FreshStart #EventumOptimum #DebtFreedom

In doubt about debt? Don’t let it leave you feeling scrambled. If your business is facing liquidation or insolvency, we know how to get you the best result. Eventum Optimum is here to make the best move for you! https://lnkd.in/gaahYXVk

When you’re thinking about closing your business, it can be hard to know what’s involved and who you should talk to. We can give you advice on: 🔹 How to work out if your business can recover 🔹 How to manage your cashflow 🔹 How to talk with creditors to make a payment arrangement 🔹 What bankruptcy or insolvency means for you and your business 🔹 How to close your business 🔹 What to do if you can’t afford a liquidator 🔹 How to protect yourself from scams, such as illegal phoenix activity by a pre-insolvency advisor (liquidating, closing or abandoning a business to avoid paying debts). We can also connect you with services that provide support in other ways, such as legal advice, face-to-face financial counselling and emotional support.

Feel like you’re stuck in a corner with no moves left? ATO demands, debt piling up, creditors knocking? It’s like trying to play chess when your options are limited and the pressure is on. You’re not alone... Business ownership can feel like a game you’re losing. But with Eventum Optimum by your side, you don’t have to face it alone. We’ll help you make the right moves, get back on track and find your way out of the corner. ♟️😉 #insolvency #insolvencyjobs #restructuring #restructuringjobs #insolvencynews #bankruptcy #tax #audit #achievingaspirations #insolvencyupdates #legal #auditjobs #taxjobs #accountancypracticejobs #business #insolvencylaw #debt #liquidation #law #international #finance #lawyers #bankrupt #february #annual #paperpresentation #annualconference #speakers #australia

A 'Loan and Security Agreement' is a vital legal document that outlines the terms of a loan and ensures that a lender is protected if a borrower fails to repay. These agreements typically cover key elements such as the loan amount, interest rate, repayment schedule, and any collateral that secures the loan. A properly executed Loan and Security Agreement not only ensures enforceability but also guarantees compliance with legal standards, helping both lenders and borrowers understand their rights and responsibilities. With precise drafting, these agreements act as a safeguard, protecting the financial interests of everyone involved.

Tax Office issues 8,710 DPNs over unpaid super in 2023–24! These numbers are scary and the ATO has advised they will be focussing on business that refuse to engage. We constantly advise clients, and accountants who have clients with SG or other ATO debt to reach out early to get the best result. Please email [email protected] and we will be happy to discuss how best to manage ATO debt. https://lnkd.in/gePRHvEF

At Eventum Optimum, one of the most effective solutions for small businesses facing unmanageable debt is a Small Business Restructure (SBR). This process can reduce your debt by up to 78% and provide a manageable payment plan for the remaining liabilities, giving your business a fresh start. #FreshStart #BusinessDebt #Solutions #Australia #PaymentPlan