Director Penalty Notice: All You Need To Know

If you’re a business owner dealing with multiple caveats on your property and struggling to secure traditional financing, apickle presents a viable solution. 

Receiving a Director Penalty Notice (DPN) from the ATO is a serious indication of financial distress, placing you personally accountable for your company’s tax obligations. In such scenarios, options like administration or liquidation might seem limited due to the upfront costs.

Apickle specialises in navigating these complex situations with our Commercial Debt Restructuring Home Loan. Our approach involves refinancing your existing home loan and utilising a portion of your home’s equity not just to stabilise your residential investment but also to recapitalise your business. 

This strategic move is guided by advice from our qualified tax advisors, ensuring that the funds can also be used to settle debts with creditors, including partial or full payments to the ATO.

By consolidating your debts into one manageable loan, we simplify your financial commitments, enabling a more sustainable tax debt repayment strategy. 

This restructuring not only alleviates financial stress but also empowers you to refocus on growing your business.

Trust apickle to assist you through this challenging time. Our expertise in debt restructuring allows us to craft solutions that revitalise businesses, backed by a track record of helping companies regain their financial footing.