Navigate complex Director Penalty Notices with technical expertise and commercial nous.
Shield your wealth from DPNs and corporate liability exposure.
Implement sophisticated proactive and reactive DPN strategies for optimal outcomes.
Establish robust defence strategies for early detection and prevention of liabilities.
Gain clarity on DPN types, broadened scope (including GST), and strategic implications.
We design robust legal frameworks to safeguard your wealth from potential risks such as litigation, bankruptcy, or marital disputes. Utilising trusts, superannuation, and other sophisticated structures, we ensure your assets are protected across generations while maximising their security and integrity.
Our expert team provides comprehensive tax advice, helping individuals and businesses navigate complex Australian tax laws. We develop tailored strategies to optimise your tax position, minimise liabilities, and ensure compliance with all relevant regulations, covering income tax, capital gains tax, and GST.
Plan for your legacy with our specialised estate and succession planning services. We help you structure your affairs to ensure your assets are distributed according to your wishes, minimise tax implications for beneficiaries, and facilitate smooth intergenerational wealth transfer, providing peace of mind for the future.
We'll discuss your needs, goals, and challenges in a no-obligation conversation.
Our team will analyse your situation and develop a customized strategy.
We'll execute the plan with precision and keep you informed every step of the way.
You'll see measurable results and we'll continue to optimize for success.
Act swiftly. Understand the DPN type (lockdown or non-lockdown) and its deadline. Seek immediate expert legal and financial advice to assess your options.
We analyse your DPN type and company finances. We negotiate with the ATO, restructure debts, and implement strategies to protect directors from personal liability, aiming for the best possible outcome.
Maintain timely tax lodgments and payments (PAYG, Super). Implement robust financial reporting. Regularly review company solvency. Proactive management and early advice are key preventative measures.
Options include debt agreements, payment plans, disputing the DPN, or company administration/liquidation. Multiple directors and trusts add complexity, requiring tailored legal strategies to mitigate individual risk.
Seek advice immediately upon receiving a DPN, or even earlier if you spot warning signs like late lodgments or payment defaults. Early intervention dramatically increases resolution options and reduces risk.
A DPN is an ATO notice making company directors personally liable for unpaid company tax debts, specifically PAYG withholding, Superannuation Guarantee Charge, and GST.
A 'lockdown' DPN offers no avenues to remit the penalty once issued. A 'non-lockdown' DPN allows personal liability to be avoided if specific actions are taken within 21 days.
Yes, a new director can become liable for certain unpaid company obligations after 30 days. Due diligence before appointment is crucial. Capital Five Partners advises on new director liabilities.
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