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Being a director of a company is a serious matter. Directors can be held personally liable for unpaid GST, PAYGW and super obligations, through a Director Penalty Notice (DPN) 📄 If you find yourself receiving a DPN for any of these unpaid company debts, you should act quickly!! ⏰
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This is a real life example of the ATO issuing a company director with a Director Penalty Notice (DPN) for unpaid company tax debts. A DPN makes the director PERSONALLY liable for the company’s tax debts 😬
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As tax and superannuation debts grow, ATO issues tens of thousands of director penalty notices that could send more people bankrupt
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