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The Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2019 was passed by the Senate last night. This means (among other things) the ATO’s Director Penalty Notice Regime will be [...]

I thought it was time for an update on the issue that triggers the most calls to our help line, company tax debt and specifically Director Penalty Notices. You’ll be aware that new laws were [...]

You may remember hearing about the big changes to the ATO’s powers to make company directors personally liable for company tax debts under their Director Penalty Regime around this time last [...]

You’ll have seen me banging-the-drum about the new Director Penalty Notice liabilities, and in particular about retrospectivity, here.  Well the other aspect of the new laws was director personal [...]

You’ve probably heard about the changes to the Director Penalty Notice (“DPN”) regime which became law in June 2012.  However, it has not been well reported that the ATO received significant [...]

Earlier this month, the Commissioner of Taxation gave a talk to the Council of Small Business of Australia.  There were two topics of particular interest for me.  Firstly he addressed the topic [...]

You’ve probably heard something about the changes to the ATO’s Director Penalty Notice Regime (“DPN”).  As of 29 June 2012, they became law and the changes are significant!  They were designed [...]

I’ve now reviewed the proposed changes to the Director Penalty Notice  legislation.  It is not law yet, but it is likely to be law in the not too distant future.  And make no mistake:  this is [...]

You may remember the government proposed changes to the Director Penalty Notice legislation in last years budget. The first draft was put forward in June 2011 but was widely condemned by [...]

New legislation is currently before Parliament to dramatically extend Director personal liability under the Director Penalty Notice.  I think the legislation is well founded but, make no mistake, [...]