WCT Advisory Industry News
Director Penalty Notices and SMEs
This is the fourth in a series of articles aimed at informing directors of their duties and options for small to medium enterprises if faced with insolvency.
Following on from our previous article, we will now look at one of the more prominent risks of, firstly not reporting activity and superannuation guarantee when due, and secondly not paying debts owed to the Australian Taxation Office.
Directors need to keep a sharp eye out for Director Penalty Notices from the ATO.
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