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Graeme Beattie

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Director Penalty Notices - Recent changes to the old regime from 1 July 2010

The DPN sets out a director’s personal liability to pay a penalty equal to the amount of the outstanding PAYG Withholding liabilities of the company specified in the notice should they fail to act in accordance with the notice, previously within a fourteen day period which has now been extended to 21 days. Along with such a penalty, a director may well remain liable for the outstanding amount.



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