Blog Layout

News reporting over the weekend suggests that over 1 million directors have not been issued with a required Director ID. ALL directors have to apply and receive a Director Identification Number by 30 November 2022 or face being fined.

Click on the above 6 minute video from the Australian Government explaining in detail about how to get your Director ID.


The below is an extract from our earlier blog post on this subject and follows the same instructions as in the above video


How to apply for your Director ID number

 

  1. Visit the below website
  2. Apply for your director ID | Australian Business Registry Services (ABRS)
  3. Click – Apply now with MyGovID or follow the instructions on how to first set up your MyGovID (this is different to MyGov)
  4. Agree to Terms & Conditions - NEXT
  5. Review Digital Identity details to ensure they are correct - NEXT
  6. Provide answers to two of the confirmation questions - NEXT
  7. Agree to verifying and linking record – SUBMIT
  8. CONTINUE
  9. Click the check box – I am an eligible officer or intent to become an eligible officer within 12 months of my application
  10. Click the check box – I acknowledge that to be a director of a company I must meet the requirements of the Corporations Act 2001* - NEXT
  11. Review and complete personal details as prompted (I added my maiden name under names I have been previously known by) – NEXT
  12. Review the information – SUBMIT
  13. Your Director ID number should issue.
By Megan Inverarity 07 Mar, 2024
How to take advantage of the 1 July super cap increase From 1 July 2024, the amount you can contribute to super will increase. We show you how to take advantage of the change. 
By William Altmann 06 Mar, 2024
The ATO Debt Dilemma Late last year, thousands of taxpayers and their agents were advised by the Australian Taxation Office (ATO) that they had an outstanding historical tax debt. The only problem was, many had no idea that the tax debt existed.
By Megan Inverarity 23 Feb, 2024
Can my SMSF invest in property development? Australians love property and the lure of a 15% preferential tax rate on income during the accumulation phase, and potentially no tax during retirement, is a strong incentive for many SMSF trustees to dream of large returns from property development. We look at the pros, cons, and problems that often occur.
Show More
Share by: