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Thanks for all the replies. I'm thinking if I had no immediate plans I'll shut it all down. Considering the annual costs it wouldn't be much more to start a new one anyway, and then there's no risk from previous dealings. If I go ahead with my little handyman/bookkeeping biz I'll seek...

Haha...no worries I'm interested too. I kept my business account in the company name open as well, under advice from my accountant. The $10/month really peev's me off.

That's what I was worried about. It was a pizza shop, however we employed [U]a lot[U] of staff over the years. Maybe it'd be ok for my little handyman venture, it wouldn't have any assets really.

G'day, I have a Discresonary Trust with a company trustee that was used to own my small business. I've since sold the business and wondering what's the best use of the DT and company? Obviously I'll be seeking specific advise, but just after a few ideas/education. Would it still be useful to...