If so, you can now help ensure that you get paid even if a debtor defaults or goes bankrupt.
The Personal Property Securities (PPS) Register starts on 30 January 2012.
This new national online regsiter will help consumers and businesses check whether the property they buy has a security interest over it, by allowing a national search for security interests on a single register for a small fee.
PPS reform will help business by providing the opportunity for lenders to accept different kinds of personal property as security for loans.
The legislation deals with the registration of security interests in personal property and many businesses will be affected. Those who fail to understand the significant changes could potentially place assets at risk as this legislation radically changes the notion of legal title over assets. It is important that you understand the impact of this legislation on your business.
Find out more about how you can reduce the risks of doing business today.
If you require any further information please click on the link below or call our office on 9388 2532 for assistance.
Mark has helped us immensely to understand our financial position, these guys are not just tax agents, they fully understand all aspects of business.
Daniel and his team at Tactica Partners have been taking care of me, my family and my company's accounting needs and I highly recommend him and the team. They've made getting tax done so easy and Daniel is an amazing accountant and extremely thorough and helpful.
…very professional, well prepared and organised. They have given us great business and personal tax advice, offered us good business insights, and more general personal planning advice too.
They continually deliver on all aspects of their service offering. …..we appreciate the substantial assistance they have provided in managing our bookkeeping function and providing proactive tax and accounting advice. We value their ongoing input in helping us strive for continual improvement on our reporting processes and delivery of timely information to our US office.
At last! An accountant who has "not" had a totally successful charisma bypass operation! Sensible and knowledgeable advice. Excellent!
Mark H and Helen have given us wonderful support for our family and business accounting for several years now. When I got my first invoice I grumbled……. not now. We can see the savings and feel the security for ourselves.