POS SOFTWARE
The deadline for existing directors of Australian companies to get a Director Identification Number is 30 November 2022.This affects most of us here, so we need to get ready.
Details on how to do it are here.
It does not take long, and I did it myself a few days ago by ringing up.
What happens if you don’t get an ID?
If you are required to get a director ID but don’t, a criminal penalty of up to $13,200 might apply or a civil penalty of up to $1,100,000.
Note: I am not a lawyer or accountant; if you have queries, get a professional to advise.
