Director ID deadline effectively extended to 14 December - December 2022

The Commissioner of Taxation has advised that the Australian Business Registry Services (ABRS) will apply a pragmatic compliance approach to directors who are required to apply for a director ID by 30 November 2022, if they apply by 14 December 2022. In particular, he said that the ABRS will not apply compliance resources to determine whether individuals met their director ID obligations by 30 November 2022 if they apply for a director ID by 14 December 2022 and that while penalties can apply, the community can expect ABRS to take a reasonable approach to support people to apply.


Get in touch with us today!

Our Industry Associations
SME Business Accountants is a Corporate Authorised Representative of SMSF Advisors Network Pty Ltd AFS Licence No. 430062