All About Directors: Liabilities & Risks

Beware the dangers of being a director, including personal liability for company tax debts, insolvency, wage theft, and more.

In this session, we cover:

• Introduction

  • Legislation

  • Meaning of director

  • General duties

  • Specific duties

• Personal liability of directors – tax

  • Specific liabilities

  • Estimated liabilities (Division 268)

  • Timing - when personal liability arises

• Other risks for directors

  • Deregistered companies

  • Insolvency

  • Creditor-defeating dispositions

  • Voidable transactions

  • Statutory demands

Date recorded: 5 September 2025