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Is The ATO Going To Chase Me Personally For The Company’s Debt?

November 4th, 2016

“Is the ATO going to chase me personally for the company’s debt?”

ATO debt is split into four main areas: one, GST; two, income tax; three, pay as you go or PAYG; and four, superannuation. PAYG and superannuation are the two that may expose directors to personal liability. It all comes down to whether you’ve lodged your BAS or Business Activity Statement, and your superannuation returns on time. And if you have received a director’s penalty notice. If you’ve lodged BAS returns or superannuation late, or not at all, please get on the phone and talk to us straight away.

If Your Business Finances Are Out Of Control, We Can Help.
Call us on 1300 905 107 or Click Here For More Information.

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David Hill
David has over 15 years in the insolvency industry – advising clients through restructuring of their business. His clear, “straight up” style provides clients with a strong direction of what they need to do, and how the process will work. As importantly, he brings empathy to the process – which is essential at a “high-stress” time for clients.

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