From olverafirst.com: Over 30,000 company directors have received director penalty notices (DPNs).

DPNs make directors personally responsible for taxes like Pay As You Go withholding and superannuation charges, and they must respond within 21 days to avoid severe legal consequences, including bankruptcy or asset loss.

Various options are available for directors upon receiving a DPN, including repayment plans, defenses against the notice, voluntary administration, and small business restructuring, highlighting the importance of seeking prompt advice from restructuring professionals.