Directors obligations

  • Missed the director ID deadline? Now what?

    If you missed the 30 November 2022 deadline for obtaining a Director ID, the Australian Business Registry Services have stated that they will not take action against directors that apply for their ID by 14 December 2022. If you are required to but have not yet applied for your ID, you should seek an extension immediately to avoid fines and…

    Business Advisory | General News
  • 30 November director ID deadline

    The deadline for existing directors of Australian companies to obtain a Director Identification Number is 30 November 2022. All directors of a company, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporation (ATSI) will need a director ID. This includes directors of a corporate trustee of a self-managed super fund (SMSF). A director ID is a…

    General News | Business Advisory
  • Director ID number deadline looming

    If you are a Director of a company or registered foreign company and have not applied for your Director ID Number, the deadline is 30 November 2022. Don’t leave it until the last minute! Note: The material and contents provided in this publication are informative in nature only.  It is not intended to be advice and you should not act…

    Business Advisory | General News
  • Urgent Reminder – Director Identification Number (Director ID)

    A director identification number (director ID) is a requirement for all directors of registered Australian companies (including sole purpose trustee companies). Company directors are required to have applied for their director ID before 30 November 2022. If you haven’t applied:If you are a director of a company and have not already applied for your director ID, we urge you to apply…

    Business Advisory
  • ATO ramps up heat on directors

    Throughout March, the ATO sent letters to directors who are potentially in breach of their obligations to ensure that the company they represent has met its PAYG withholding, superannuation guarantee charge, or GST obligations. These letters are a warning shot and should not be ignored. The director penalty regime ensures that directors are personally liable for certain debts of the…

    Business Advisory | Taxation | Superannuation