Can New Directors Be Liable For Old Debts?
Yes. New directors have a limited period (generally 30 days) [...]
Yes. New directors have a limited period (generally 30 days) [...]
No. Liability attaches to the period during which the director [...]
The ATO can pursue personal recovery actions, including garnishee notices, [...]
The underlying debt may be negotiated in some cases, but [...]
A DPN itself is a civil liability, not a criminal [...]
A DPN transfers liability from the company to the director [...]
If the business can meet both current obligations and repayments, [...]
They can be, particularly for PAYG withholding and superannuation, through [...]
The ATO may cancel the arrangement and proceed with enforcement [...]
Yes, but only where you can demonstrate a realistic repayment [...]