07 May 2013

Avoiding personal liability for your company tax debts

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Under current income tax laws, the ATO can hold a director of a company personally liable for unpaid employee PAYG withholding tax debts.

It’s important for every company director to be aware of their personal liability.  For further information, we recommend you read a recent article written by David Ferguson of MSI Global Alliance firm – MSI Ragg Weir on what this could mean for you.

For more information or assistance, contact our office.

About the Author

Peter Nevin is a Partner in our Commercial Litigation practice group. He specialises in commercial and general litigation, and provides detailed advice on industrial relations issues to both employers and employees. He also provides advice and representation in estate disputes on behalf of executors, beneficiaries and third party claimants.

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