The Australia Taxation Office issued over 84,000 Directory Penalty Notices (DPNs) in FY 2024-25, triple the number from the previous years. According to ATO Commissioner Rob Heferen, 22,000 taxpayers owe $11 billion in unpaid taxes - about 20 per cent of the total collectable debt. If you're not paying your company's PAYG withholding, GST or superannuation on time, ATO can come after your personal assets for your unpaid company taxes. In this podcast, financial expert and registered tax agent Puneet Singh breaks down what migrant entrepreneurs need to know to protect themselves.
Find our podcasts here at SBS Hindi Podcast Collection. You can also tune in to SBS Hindi at 5 pm on SBS South Asian on digital radio, on channel 305 on your television, via the SBS Audio app or stream from our website.
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