DIRECTOR PENALTY NOTICES – AN OVERVIEW

Industry insights

Director Penalty Notices are notices issued by the Australian Taxation Office ( “ATO” ) that can make the Directors of a company personally liable for the company’s tax obligations.

The DPN has two purposes:

  • to advise of the company’s tax liability and the cor responding penalty raised, and
  • to set out the options that may allow for the penalty to be remitted (cancelled).

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