You may have seen recent news articles stating that all company directors must have director ID’s by 1 November. Some of these articles are alarmist so let me assure you that there’s no reason to panic. Yet.
The system accepting director ID applications opened yesterday however the application deadline depends on when you were appointed as a director:
- Existing directors have until 30 November 2022 to apply.
- Directors appointed between 1 November 2021 and 4 April 2022 must apply within 28 days of their appointment.
- From 5 April 2022, intending directors must apply before being appointed.
At this stage we aren’t applying for director ID’s until ASIC and our software providers iron out any bugs in their systems. Please contact us if you’d like to be an ASIC test case and we’ll assist with the application process.
Click on this link if you’d like additional information: Director identification number | Australian Business Registry Services (ABRS)
Below is a list of articles in this months newsletter:
Restructuring business due to COVID-19
E-Invoicing for your business
Is your business on the brink?
Could your business survive without you?
Using technology to build efficiency
Insuring your business against time theft
Small business delivery
These articles are only summaries of these topics so please contact us if you’d like any additional information.Nov-2021-Newsletter-KRS