Director Liability and Penalty Notices

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Directors may be personally liable for Company tax debts including GST liabilities once the Government introduces the unique Director Identification Number (DIN) to regulate illegal phoenix activities.

A widened scope of Directors personal liability is being considered by the Government as part of the Director Penalty provisions. Currently the Director Penalty Notices apply to PAYG and Superannuation and would apply similarly to GST debts.

Personal liability for Directors could place their personal assets at risk. We would recommend that Directors consider the correct structuring advice in consideration of the above Governmental reforms and their duties as Directors of a company.

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Raea Khan Circle
Director Lawyer
Raea Khan

Raea is Managing Director and Principal Lawyer for PBl Law Group. Raea assists clients with major projects, property developments, construction and strata law.

He has worked in Western Australia and Queensland assisting with expansion projects in the energy and resource sector and now predominately advises clients in Strata and Community Association matters.

He is a member of the Australian College of Strata Lawyers where majority of his work is advising developers and owners corporations with dispute related minor and major defects, strata governance and common property litigation. He is proficient at leading negotiations and meetings.

Raea has a particular interest in the commercial aspect of any dispute and always tries to weigh up the risk, reward and benefit of legal proceedings at each different stage.

Raea enjoys all forms of competitive sport, including Crossfit and actively participates in Triathlons, representing Australia as an age group athlete. He was a member of Red Head Surf Lifesaving club.

  • Strata Law
  • Construction & Major Projects
  • Commercial and Business Law
  • Planning & Environment Law