A Director Penalty Notice (DPN) is one of the Australian Taxation Office’s most significant debt recovery tools. For company directors, it can also mark the point at which a company’s unpaid tax and superannuation obligations become an immediate personal concern.
It’s fair to say that the vast majority of hobbies aren’t of concern to the ATO. Fishing, stamp collection, and video games (among other things) all tend to be activities that cost money and reap their benefits in other less tangible ways (enjoyment, primarily).
Many people who do not reside solely in Australia – for example those with families overseas, those who have to travel overseas frequently for work, or foreign students enrolled in Australian education – are unsure about their residency for tax purposes.