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Episode 160 | Director Penalty Notices. What is all the fuss?

In this segment we discuss Director Penalty Notices and the ATO being on the war path this year. It is no secret that the ATO has been vigilantly pursuing companies, business owners and individuals for unpaid tax this year following our long 2 year stint of COVID when all and sundry was on hold. Since 1 June 2022 the ATO have issued more than 50,000 Director Penalty Notices for unpaid company tax. A frightening thought! Be sure to listen in to understand how directors can be personally liable for the unpaid debts of their company and how it is more important than ever to conduct proper due diligence into a company before you decide to assume all liabilities and become a director.

https://www.youtube.com/watch?v=Gi6SfPu37hA



The show was designed to give back to the community which Despina did in droves. Her weekly radio show was broadcast on the Gold Coast each Thursday on 104.1FM Gold Coast/Tweed & 103.5FM Northern Rivers and had a substantial following since 2020. Despina talked about various hot topics at local, state and federal level, and answered the questions that ordinary Australians want to hear. And the best part, it was free.

In 2024, due to programming changes within the radio station itself, Despina then moved her radio show to being solely online on her Youtube channel: Despina Priala

Each week she brings another insightful episode of Talking Law for her loyal listeners and the greater Australian community.

Knowledge is power and Talking Law is very much about empowering the ordinary Australian with information that they should be aware of to help them in every day life.

All episodes of Talking Law with Despina are uploaded on the Priala Legal website and onto our YouTube channel here: https://www.youtube.com/channel/UCWmG7z-wIbsHY9KhFfrrWwQ

If you have any question you would like answered please contact us and we will do our best to answer them for you.

DISCLAIMER: The information discussed within the Talking Law videos is general in nature only and is not intended to be comprehensive, nor does it constitute legal or other advice in anyway, and should not be relied upon as such. The information is intended only to provide a summary and general overview on matters of interest and it is not intended to be comprehensive. You should seek legal or other professional advice before acting or relying on any of the content herein.


Despina Priala

Posted By Despina Priala
Despina Priala has practised in property and commercial law on the Gold Coast for over 25 years and has extensive experience in this area.

Updated : 15th August 2022 | Words : 0 | Views : 221

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