Insolvency Alert – Welcome to 2025
- Published 09.01.2025
Key Takeaways
For both creditors and debtors, a new year can often bring new challenges and a particular focus on specific issues.
For example, some businesses will close for a period of time which means no revenue. However, expenses will still continue, rent will still need to be paid, employee entitlements will still accrue, taxation lodgements are still required and suppliers will want to be paid.