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25 Oct 2016

Directors Duties: ATO Penalty Notices

Thomas Dawson is a Registered Liquidator with DCL Advisory and he has sent us a summary of changes to the ATO’s Director Penalty Regime.

Being a Director of a company in Australia is fraught with personal financial liability which is something that Senator Bob Day is discovering at this very moment.

Will Senator Bob Day lose everything?

Don’t know but the courts will remind him that as the Director he will bare ultimate responsibly for his company’s failure.



At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.

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