Plutus Payroll Australia

Case studies

Plutus Payroll Australia

Insolvency information

Case information

Appointment type:

Provisional Liquidation

Appointment date:

9 June 2017

ACN: 

PLUTUS PAYROLL AUSTRALIA PTY LIMITED
(ACN 169 205 127)

PP AUS HOLDINGS PTY LTD
(ACN 613 038 654)

PP AUSTRALIA NSW PTY LIMITED
(ACN 613 037 442)

PP SERVICES (WA) PTY LIMITED
(ACN 613 042 587)

PPA (SA) PTY LIMITED
(ACN 613 038 234)

PPA NT PTY LIMITED
(ACN 613 037 175)

PPA CONTRACTORS AUSTRALIA PTY LIMITED
(ACN 605 218 273)

PPA SERVICES AUSTRLALIA PTY LIMITED
(ACN 605 903 660)

RAM ENTERPRISES AUSTRALIA NSW PTY LIMITED
(ACN 157 988 639)

SAI SOLUTIONS PTY LIMITED
(ACN 159 529 183)

(All “Provisional Liquidators Appointed”)
(the “Companies”)

Appointees:

Tim Norman, Salvatore Algeri and Eddie Senatore

Office:

Melbourne

Enquiries:

General enquiries
plutus@deloitte.com.au

Media enquiries
Simon Rushton
Tel: +61 2 9322 5562 
Email

URL:

www.deloitte.com/au/plutus

General Information

Tim Norman, Salvatore Algeri and Eddie Senatore were appointed Joint and Several Provisional Liquidators of the 10 companies by the Supreme Court of New South Wales on 9 June 2017 following an application made by the Deputy Commissioner of Taxation.

Their role as Provisional Liquidators in relation to each of the Companies will be to:

  • Identify and take control of any assets;
  • Determine the nature and value of their respective liabilities;
  • Conduct investigations regarding their affairs;
  • Determine whether it appears that they are insolvent and the timing of their insolvency;
  • Liaise with the Australian Taxation Office and Australian Federal Police as necessary for their own separate regulatory and / or enforcement investigations; and
  • Determine the most appropriate manner of realising any assets.

The winding up application has been listed to be heard by the Court on 3 July 2017.

We are unable to provide any specific information regarding the fate of the Companies or the likelihood of any return to creditors at this time. We ask that creditors be patient in the interim.

Please refer to this website for further updates.

Information for Employees regarding PAYG Withholding Summaries

As a result of the ongoing investigations being conducted by the Australian Federal Police, the Provisional Liquidators do not currently have access to all of the records of the Companies and therefore unfortunately, we are unable to issue PAYG summaries at this time.

The ATO does however provide guidance to employees where their PAYG summary is unavailable. This guidance is located on their website. Additionally, you can estimate your income and withholding amounts using their online tool.

Further guidance will be issued by the ATO periodically. Those wanting further information should refer to the ATO website.

In addition, please note our website which is being updated regularly with information relating to all stakeholders.

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