Director penalty notices If your company is falling behind with payment of certain taxes, directors may be held personally liable. To recap, there are a number of advantages in operating a business through a company structure. Chief among them is asset protection....
Missed the Director ID Deadline? Have you missed the deadline to apply for a director identification number (director ID)? If so, you can still apply! The ATO says it will take a reasonable approach with directors who are trying to do the right thing. Importantly,...
Director ID requirements Introduction From the 1st of November, Australian Company Directors are required by law to verify their identity with the Australian Business Registry Service and obtain a Director ID. Please ensure you complete this obligation soon as...
The Director Identification Number (DIN) regime may have been lost in many business owners’ peripheral vision, or even dropped off the radar completely, as it has been on the horizon for some time. But it is worth keeping in mind the ramifications of the measure, as...
As though business owners and principals don’t already have enough on their minds, discussion about the ups and downs of the business environment is being heard around the barbecue again. Company directors especially need to keep in mind that the Corporations Act...
