When GST and PAYE go unpaid: The governance red flags for directors
Tax governance isn’t optional – it’s central to solvency, reputation and director duties.
The IoD strongly opposes the proposal to introduce director personal liability for PAYE and GST debts of companies in our submission.
The prospect of director personal liability for company taxes is deeply troubling and may have far-reaching and unintended consequences outweighing any potential benefits.