[AU] ATO Compliance: What Directors and Businesses Need to Know | LegalVision

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The ATO always scrutinises businesses to ensure they are correctly paying their taxes. If your business is brought to the ATO's attention for not paying taxes correctly, the outcome can be costly and stressful.
You can protect your business by understanding your compliance requirements. To help you, Julia Cremona (Senior Lawyer) and Thomas Linnane (Lawyer) explore the latest enforcement strategies adopted by the ATO. You will:
+ gain insights into the ATO’s key focus areas;
+ understand Director Penalty Notices (DPNs), including their purpose, types, implications, and how they impact company directors; and
+ learn mitigation strategies to safeguard your business and personal assets.
We also share our insights and strategies when responding to ATO enforcement actions and DPNs.
About Julia Cremona
Julia is a Senior Lawyer in LegalVision’s Disputes and Litigation team. She has experience in a broad range of commercial litigation, including director, shareholder, insolvency, bankruptcy, taxation, and general contractual disputes. Julia has appeared before the Supreme Court of NSW, District Court of NSW, Federal Court of Australia, and other courts and tribunals. She has also worked closely with leading barristers in NSW.
About Thomas Linnane
Thomas is a tax and corporate lawyer. He is the first point of contact for business structuring, startup and tax enquiries at LegalVision. Thomas has a passion for maximising client experience and satisfaction and for helping a diverse range of people with their legal needs.
Visit legalvision.com.au or call 1300 544 755 to contact our team.
00:00 Intro
01:30 Current Trends & ATO’s Focus Areas
04:12 Director Penalty Notices (DPNs)
16:06 ATO Enforcement Action
23:00 Mitigation Strategies
32:07 What to Expect for ATO Action
34:47 Q&A
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