Another deadline related to Director IDs is fast approaching.
A Quick Re-cap:
A director ID is a unique identifier that a director will apply for once and keep forever. This initiative has been introduced to prevent the use of false or fraudulent director identities.
All directors of a company, corporate trust, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporation will need a director ID.
Who is Impacted by the November 30 Deadline?
If you were named a director on or before October 31 2021, you will be required to register for your director’s ID by November 30 or risk a penalty.
If you or your SMSF clients have a corporate trustee, the director must go through a this registration process.
Can’t remember if you’ve registered your Director’s ID yet?
To check your Director ID status, update or manage details, simply log in to ABRS online with your MyGovID.
Can’t meet the deadline?
If you are unable to apply for your Director ID before 30 November, you’ll need to complete an application for an extension.
Not sure if you need to apply?
We’ve got a flyer available for you and your clients, so you know how to prepare for this latest change: download flyer
You can also check if you need a Director ID here.
Scam alert:
Please be aware there are scammers trying to use the Directors ID requirement to capture your personal information and money.
Only use the MyGovID app to verify your status, and register the ABRS website. Do not follow links from unknown senders or organisations.
Did you miss the article?
Find out all you need to know about new Director’s ID Requirements in our original article last year: read it now.