Director ID Archives - AdviceCo. http://adviceco.com.au/tag/director-id/ be better off. Wed, 03 May 2023 23:08:36 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://adviceco.com.au/wp-content/uploads/2020/01/Favicon-150x150.png Director ID Archives - AdviceCo. http://adviceco.com.au/tag/director-id/ 32 32 Director IDs – late fines, extensions and registration bugs https://adviceco.com.au/director-ids-late-fines-extensions-and-registration-bugs/ Thu, 08 Dec 2022 02:49:50 +0000 https://adviceco.com.au/?p=18363 Approximately 700,000 Australian Company Directors failed to meet the ATO deadline of 30 November to register for their Director ID number. Thankfully, the ATO has confirmed an extension until 14 December to get this done, or face a fine of up to $13,200. The mandatory system was introduced in 2021 to combat illegal phoenixing activity,…

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]]> Time is running out to register for mandatory Director ID numbers https://adviceco.com.au/time-is-running-out-to-register-for-mandatory-director-id-numbers/ Mon, 10 Oct 2022 09:57:17 +0000 https://adviceco.com.au/?p=18253 Almost two thirds, or 1.6 million company directors across Australia have not yet applied for their Director ID number. The ATO’s new registration scheme has a deadline of 30 November 2022 for directors appointed on or before 31 October 2021, so it is absolutely critical that directors of companies and SMSFs avoid having their head in…

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