company Articles
Asset Protection for Directors Now Even More Important
November 26th, 2012 by | Commercial Transactions
Personal liability of directors for unpaid superannuation and PAYG taxes has been extended by virtue of recent amendments to the Income Tax Assessment Act 1997. The law now extends a director’s liability to unpaid employee superannuation and may not protect a director who puts a company into administration. The Australian Taxation Office now has the… Read more »
