We were recently referred a client who had a Director Penalty Notice problem. They had been one of two directors in a company which hadn’t paid superannuation. Lockdown Director Penalty Notice for superannuation Because they hadn’t paid superannuation or lodged SGC Statements they were automatically liable for the company’s superannuation. The ATO had quantified the […]
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The ATO has largely put its recovery efforts on hold for the larger part of the Covid-19 pandemic. With businesses struggling to stay afloat even with JobKeeper, some business have been accruing tax debts which they cannot reasonable pay. As a result, the ATO has racked up $53 billion worth of unpaid taxes, up from […]
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The Federal Government rolled out JobKeeper back in March 2020 to sustain businesses impacted by the COVD-19 pandemic. The scheme, which at its height supported more than 3.8 million jobs, ended in March this year.
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