Director ID

The ATO has recently confirmed that directors who were appointed as Directors on or before 31 October 2021 are also required to register for a Directors ID, regardless of whether they have since resigned as a Director and do not intend to ever be appointed as a Director again. Read more here.

With recent changes, failure to register for your directors ID within the required timeframe may result in significant penalties (civil fine up to $13,320 or criminal fine $1,100,000), From 4 April 2022, you must have a directors ID before you can be appointed as a director of a new company.

Read on for the steps to apply for a directors ID.