DIN
Directors Penalties What is a Director Penalty? As a company director, you are legally responsible for ensuring that your business meets its tax and superannuation obligations. This includes timely reporting and payment of: PAYG Withholding Goods and Services Tax (GST) Superannuation Guarantee Charge (SGC) If your company fails to meet these obligations, the ATO may issue …
Director Identification Number Compliance If you’re a director of a company, including a corporate trustee, this is essential information for you! The Director Identification Number (DIN) is a mandatory legal requirement under the Modernising Business Registers Program. Failing to apply within the required timeframe could result in serious penalties, including criminal and civil consequences. But …