A reminder that from today GST, wine equalisation tax and the luxury car tax can be included in a directors personal liability to the Australian Taxation Office for company tax liabilities. This is done in the form of a Director’s Penalty Notice.

Don’t forget that if you or your clients receive a DPN, you only have 21 days from the date of the notice (not from the date you receive it) to do one of the prescribed things.

DPN’ing part 1: understanding lock-down and non-lock-down

DPN’ing the corporate veil

So get in contact with your friendly neighbourhood expert.


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