Changes to the Director Penalty Regime - URGENT action may be necessary The Government has released the draft legislation on how the new director penalty regime will operate. In some cases directors may be personally liable for company Superannuation and PAYG (Withholding) debts which are in existence before the amendments come into operation. Directors should take immediate steps to avoid, where possible, the imposition of personal liability.Keywords:
Michael Quinn, the quinn group, quinns, michael quinn, tax accountants, tax lawyers, accounting, tax, director penalty regime, director penalty notice, DPN, unpaid superannuation guarantee amounts
[1]