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New Director ID requirements
As of November 2021, all company Directors will need to apply for a Director Identification Number, known as a Director ID. This is part of a new requirement implemented by the Australian Business Registry Services (ABRS).
These requirements impact all company Directors including those of private companies and corporate trustees of family trusts.
ATO extends COVID-19 relief for SMSFs
Accountants Daily, 24.09.2021
In a recent update, the ATO said that COVID-19 continues to have a significant financial effect on SMSFs, particularly in some states or territories where there are reoccurring and prolonged lockdown periods.
"In recognition of this, we have extended the following types of relief, currently offered for the 2019-20 and 2020-21 financial years, to cover the 2021-22 financial year."
COVID-19 Business Grants
NSW Government, 13.09.2021
Have you received your Business Grant? The deadline has been extended for applications for the 2021 COVID-19 business grant until 11:59pm on 1 October 2021. Contact us with any questions or further information.