We would like to thank you for your support in 2021. May you have an enjoyable festive season and a prosperous New Year.
Our team are taking a well deserved break and our office will close on the morning of Thursday 23rd December, reopening on Monday 10th January 2022.
This month our Newsletter looks at:
- Director IDs
- The importance of having a Will
- New superannuation budget measures due to start on 1 July 2022
- The ATO’s ABN cancellation program
Company directors can now apply for their “director ID” here. The Treasury Laws Amendment (Enhancing Superannuation Outcomes for Australians and Helping Australian Businesses Invest) Bill 2021 can be found here.
As part of the Federal Government’s bid to modernise the Australian Business Register (ABR), all company directors – including directors of family trusts and SMSFs with corporate trustees – must apply for a “director ID”. Find out what dates to meet to avoid fines and penalties.
A raft of new measures designed to help boost Australians’ retirement balances have been introduced into Parliament. The changes are due to start on 1 July 2022 – take a look to see if you might benefit.
Click here to read the Rose Partners December 2021 Newsletter.
If you would like to discuss anything raised in the newsletter, please contact our Team.