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News & Articles

28/03/2013

The Personal Property Securities Register (PPSR)

The Personal Property Securities Act came into force on 30 January 2012 establishing the Personal Property Securities Register (“PPSR”) which replaces more than 50 State and Territory based laws and …

[Read more...] about The Personal Property Securities Register (PPSR)

18/02/2013

Changes to the Director Penalty Regime on 29 June 2012

The essential changes are: Directors and penalties extended to unpaid superannuation guarantee payments as well as unpaid PAYG amounts; Directors are no longer able to discharge or extinguish …

[Read more...] about Changes to the Director Penalty Regime on 29 June 2012

12/02/2013

The Dangers of Outstanding Tax Obligations for Incoming Directors

The ATO has held the power to recover certain company taxation obligations from directors personally by issuing of Director Penalty Notices (DPNs) since June 1993. Under the DPN provisions, a …

[Read more...] about The Dangers of Outstanding Tax Obligations for Incoming Directors

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