Director Penalty Notices: What Every Company Director Needs to Know

The Australian Taxation Office (ATO) has significantly increased its use of Director Penalty Notices (DPNs) as part of a broader effort to recover unpaid company tax debts. In the 2024-25 financial year alone, the ATO issued more than 84,000 DPNs, representing a substantial increase on prior years and reflecting a more assertive approach to director [...]

2026-03-29T21:25:08+00:00March 26th, 2026|Compliance|Comments Off on Director Penalty Notices: What Every Company Director Needs to Know
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ATO Debt will soon show on Credit Reports

In an effort to get paid faster, the Australian Taxation Office, from 1 July 2017, will start reporting overdue small business tax debts to Credit Rating Bureaus.   Initially the measure will only apply to businesses with Australian Business Numbers and tax debts over $10,000 that are at least 90 days overdue. It will not [...]

2017-06-26T16:38:34+00:00April 10th, 2017|Uncategorized|Comments Off on ATO Debt will soon show on Credit Reports
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