Contractors or Employees and Director’s Personal Liability

It appears that regulatory bodies have increased audit activity in respect of company’s who use contractors as the main part of their workforce, typically seen in industries such as construction Read More

Tax Deductions on Expenses Incurred in dealing with Director Penalty Notices (“DPN”)

The DPN Regime was introduced by the Australian Taxation Office (“ATO”) in 1993 as a method to ensure corporate compliance with taxation liabilities. Under the DPN regime, directors could become … Read More

ATO Director Penalties – 5 months on

Previously, the Australian Taxation Office (“ATO”) were able to issue Director Penalty Notices (“DPN”) to make directors personally liable for unpaid Pay As You Go (“PAYG”) Withholding tax obligations that … Read More

Is Management the key driver of business success or failure?

Although external factors do play a part in the success or failure of a business, research shows that internal factors such as the quality of management is far more important.… Read More

ATO Debt Collection Process under review

On 26 May 2014, a review into the ATO’s approach to debt collection was announced by the Inspector General of Taxation, Mr Ali Nozoori. It was noted that over the … Read More