Director ID deadline is approaching The Government has launched an awareness campaign to help company directors get their director identification number (‘director ID’) as the 30 November deadline approaches. A director ID is a unique 15‑digit identifier that a company director will apply for once and keep forever.  Director IDs are administered by the Australian Business Registry Services (‘ABRS’), which is managed by the ATO. All directors of companies registered…  Read more

You may have heard about the new rules which require directors of Australian companies to obtain a Director Identification Number (director ID). The new requirement to obtain a director ID  applies not only to directors running a business but also to individuals who have an SMSF with a corporate trustee, which is why we wanted to bring this new requirement to your attention. All directors will need to apply for…  Read more

Reminder of the new obligations for company directors requiring them to obtain a personal director identification number (‘Director ID’).   This is particularly important as failure to comply with these new Director ID requirements may result in both civil and criminal penalties. What is a Director ID? A Director ID is a unique (15-digit) identifier that a director will keep forever (even if they cease being a director).  This additional…  Read more