New legislation offers incentives to directors in financial difficulty
The Treasury Laws Amendment (2017 Enterprise Incentives No 2) Bill 2017 is apply named. It provides directors of companies in financial difficulty with powerful incentives to be proactive in both their personal interests and the best interests of their companies. Macks Advisory has long been urging directors to face the consequences of impending insolvency sooner rather than later, but never has the law offered better incentives than now. Read More