.Australian Taxation office (ATO) started contacting directors who are required to apply now for a director identification number (director ID).
who are currently directors or who are planning to become a director, will need to apply for a director ID. Directors appointed under the Corporations Act:
– before 1 November 2021, must apply by 30 November 2022.
– between 1 November 2021 and 4 April 2022, must apply within 28 days of being
appointed.
– from 5 April 2022, must apply before being appointed.
You can find more information about who needs to apply for a director ID
at abrs.gov.au/deadlines
Supporting the clients from CBTAX Adelaide
We (CBTAX Adelaide) cannot apply for a director ID on your client’s behalf. A director must apply for a director ID themselves. We can help your clients to apply for a director ID online by:
– helping client set up their myGovID to a standard or strong identity strength
– helping client with the documents they need to prove their identity when they apply online.
You can find more information about applying for a director ID at abrs.gov.au/directorIDapply
Applying for a director ID online
Directors must set up their myGovID with a standard or strong identity strength before they apply for a director ID.
We can help them set up their myGovID by their strong identity. The clients will need at least two of the following Australian identity documents to prove
their identity:
– Drivers licence or learner’s permit
– Passport
– Birth certificate
– Visa (using their foreign passport)
– Citizenship certificate
– ImmiCard
– Medicare card
You can find a list of documents that your we can use to prove their identity at www.mygovid.gov.au/verifying-your-identity
Directors will need additional information that the Australian Taxation Office (ATO) knows about them when they apply for their director ID online.
The client will need their tax file number (not essential, but recommended), residential address as held by the ATO, and information from two documents to prove their identity. Your clients can use any two of these documents:
– Bank account details held by the ATO
– ATO notice of assessment
– Super account details
– Dividend statement
– Centrelink payment summary
– PAYG payment summary
You can find more information about which documents can be used to prove your identity at abrs.gov.au/verify
Directors who don’t apply on time
The Australian Securities and Investment Commission
(ASIC) is responsible for enforcing director ID offences set out in the
Corporations Act 2001. It is a criminal offence if directors do not apply on
time, for more information about the penalties that may be applied, visit asic.gov.au/director-id
