Changes to the director penalty legislation became effective in June 2012 to increase the potential liability of directors. The legislation was already broad before the changes, and few directors know the extent of their exposure.
This presentation covers:
- the phoenix penalties – how far does it spread?
- changes in 2012 – new traps
- impact on the superannuation guarantee charge
- what do you need to tell your client?
- recent cases
- transitional provisions.