Tag Archive for: director

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ABRS Video: Director ID in 3 steps

July 25, 2022/in Business Advice /by Salisbury Accountants & Business Advisors

Director Identification Number deadline November 2022

If you need a director identification number (director ID), this video may help with your online application — outlined in 3 easy steps.

The ABRS is reaching out to directors who haven’t applied for their director ID within prescribed timeframes.

Directors are encouraged to avoid penalties for non-compliance by […]

Directors must now apply for their Director ID prior to being appointed

April 19, 2022/in Business Advice /by Salisbury Accountants & Business Advisors

Be aware of new regulations surrounding your Director ID

As of 5 April 2022, new directors must apply for their director ID before they’re appointed.

The Australian Business Registry Services (ABRS) is reaching out to directors who haven’t applied on time to encourage them to do […]

Director’s loan repayments ruling

July 31, 2019/in Business Advice /by Salisbury Accountants & Business Advisors

Failure by director to make repayment of private company loan gave rise to dividend

The AAT has held that a taxpayer’s failure to make minimum yearly repayment on a loan taken by him from a private company where he was the sole director and shareholder, was not due to circumstances beyond his control.

The AAT […]