Understanding The Effects of Insolvency for Companies & Directors with ATO Tax Debts
Did you know that the average tax debt owed to the Australian Tax Office (ATO) has nearly doubled in just a few years? The consequences of these debts can be severe, especially for directors who face personal liability under the ATO’s Director Penalty Notices (DPNs). When companies slide into insolvency, both the company and its directors confront […]
