The clock is ticking. If you are an existing director of a company appointed before 31 October 2021, you have until 30 November 2022 to apply for your Director Identification Number. Failure to do so could result in penalties for non-compliance.

According to the ATO, over half of eligible SMSFs with a corporate trustee are yet to apply, despite the deadline being just weeks away.

In this episode, Jessica is once again joined by Senior SMSF Technical Specialist Anthony Cullen and Executive Manager, Quality and Training Daniel Ristoski to explore the consequences for non-complying trustees as well as the easiest way to obtain your director ID.

 

LINKS

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CREDITS

Host: Jessica Griffith

Guests: Anthony Cullen, Senior SMSF Technical Specialist

             Daniel Ristoski, Executive Manager Quality and Training

 

The information in this podcast is factual information only. It doesn’t contain any financial advice or makes any recommendations about a financial product or service being right for you. It’s important to consider your particular circumstances and read the relevant disclosure document, including the Terms and Conditions, before deciding what's right for you.

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