We advised in February of the Government’s intention to increase the ATO tax debt reporting threshold from $10,000 to $100,000 if the debt owed to the ATO was overdue by 90 days or more and there were no on-going discussions regarding its payment.
Since then, a Bill has been introduced in Parliament to this effect, with the policy expected to net at least $30 million over the forward estimates through clawing back unpaid tax debts.Read More
A core part of our role at NCI is understanding the needs of our clients, negotiating cover which is right for them, negotiating claim payments and developing tools that helps fill any gaps.
In our recent NCI feedback survey, clients stated one of their largest concerns was not getting full cover on their existing and new customers. However, over the past two years we have been developing the product, NCI Top-Up.Read More
Risk index score rises to the highest level in 3-yearsRead More
For some time it’s been a requirement that a ‘large’ proprietary company lodge audited financial reports with ASIC each year. Under the current definition, a large company must meet at least two of the following three thresholds:Read More
Preference claims seem specifically designed to torment efficient credit managers!
You discover that one of your customers may be having problems and immediately set about chasing up any overdue or outstanding amounts, only to have a liquidator force you to hand over the results of your efforts.Read More
While we’re rapidly progressing through 2019, we should stop to take a moment and reflect on a couple of points from our most recent Client Satisfaction Survey. We asked our clients what the biggest challenges for them would be this year and this is what we heard:Read More
Risk Index Score Remains SteadyRead More
Welcome to 2019, with the year progressing already, many businesses would be preparing for the End of Financial Year.
Our commercial collections team in Auckland is in full swing, with a number of overdue debts being collected. Don’t forget that if your debts are insured, then you may be able to be reimbursed for these costs.Read More
The Australian PPSR had its 7th birthday at the end of January and, understandably, there’s been quite a growth in the number of articles being written about how to deal with registrations that are due to expire. NCI released its own fact sheet on the subject last year (click here for a copy) and our key message is simply ‘Don’t Panic’!Read More
A Modest Index Score Rise In Q4.Read More
The ultimate protection against bad debts, where you have your debtors insured against the risk of insolvency, protracted default or political events.
Extends from full credit approval to monitoring, reporting services and tailored outsourced credit management. CRM is there to assist you in...
Our specialised committed and commercially orientated collection team is there to collect your outstanding monies, with the skills to preserve...
NCIs Specialty Risk team is here to provide tailor-made solutions in order to protect your business against commercial and political risk.