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A Director Penalty Notice (DPN) from the ATO is serious. It makes directors personally liable for unpaid GST, PAYG, and superannuation. If you receive a DPN, act immediately—ignoring it can lead to bankruptcy or liquidation. Options may include paying the debt, entering a creditors voluntary liquidation Penrith, or appointing an administrator. If you can’t meet personal liability, consult a bankruptcy trustee Penrith. Directors should also explore whether a small business restructure could provide a viable solution before winding up. If you’re unsure of your obligations, see our guide on what is the process of liquidation in NSW.
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