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Visit our dedicated small business restructuring site for small business owners facing financial distress.

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ATO's Directors Penalty Notice Information

The Director Penalty Regime enforces personal liability on directors for unpaid company debts like PAYG, GST, and super contributions (through Director Penalty Notices) requiring them to steer their company towards compliance or face the consequences.

Further Reading

Title
Short Summary
ASIC Closing A Small Business
Tailored mental health coaching for small business owners, with free, confidential sessions designed to manage stress through Cognitive Behavioural Therapy.
NSW Small Business Commission Mediation Service
Support for customers in financial difficulty, offering access to specialised hardship teams within banks.
ACCC's Debt Collection Guideline for Collectors & Creditors
If you're inclined to explore the intricate details of how bankruptcy intersects with superannuation contributions, then feel free to read the Bankruptcy Legislation Amendment (Superannuation Contributions) Act 2007 SCHEDULE 1-AMENDMENTS RELATING TO SUPERANNUATION CONTRIBUTIONS
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