by Swot Accoountants | Sep 1, 2022 | Business News, Penalties
Who? All directors of a company, registered Australian body, a registered foreign company, or Aboriginal and Torres Strait Islander corporation will need a director identification number (Director ID). What? A director ID is a unique identifier you need to apply for...
by Swot Accoountants | Jan 1, 2022 | Business News, Business Training, Penalties
When you need to apply for a director ID depends on when you first became a director. If you were appointed a director on or before 31 October 2021, you have until 30 November 2022 to apply If you were appointed a director between 1 November 2021 and 4 April 2022, you...
by Swot Accoountants | Mar 11, 2020 | Penalties, Super
The government has approved a superannuation guarantee (SG) amnesty to encourage and allow employers to disclose and correct any historical unpaid SG from 1 July 1992 to 31 March 2018, without incurring the administration or Part 7 penalties. To be eligible for the...
by Swot Accoountants | Feb 28, 2020 | Business News, Penalties
Are you a company director or former director? Did you know that if a company does not meet its PAYG or Superannuation obligations, the ATO may hold the current or former directors personally liable for these liabilities? In addition, from 1 April 2020 this regime...