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Broadening DPN’s to GST, LCT and WET

An extension of the Director’s Penalty Notice (“DPN”) regime to GST, luxury car tax (“LCT”) and wine equalisation tax (WET”) was announced in last night’s #Budget. All to supposedly combat #illegalphoenixactivity … Currently, directors can be held personally liable for unpaid superannuation and PAYG liabilities: (a) where they have lodged the relevant returns with the ATO (called a…