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An important message from ABRS, regarding director ID requirements, which may affect you and your clients.

ABRS is responsible for delivering the director ID initiative and is contacting new directors appointed for the first time after 1 November 2021, who have not met their obligation to apply for a director ID.

 

Tax and ASIC Registered Agents are also being contacted to encourage their new director clients to apply for their director ID within the prescribed timeframes.

From 5 April 2022, new directors appointed for the first time must now apply for their director ID prior to their appointment.

Your clients who are currently directors or who are planning to become a director, will need to apply for a director ID. Directors who were 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

 


 
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Supporting your clients

You cannot apply for a director ID on your client’s behalf. A director must apply for a director ID themselves. You can help your clients to apply for a director ID online by:

• telling them when they need to apply

• helping them set up their myGovID to a standard or strong identity strength

• helping them 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.

You can help them set up their myGovID by telling them what they’ll need to prove their identity. Your 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 clients 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. They’ll 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

 

Directors who don't apply on time

The Australian Securities and Investments 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

 


 
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