CURRENT AUSTRALIAN DIRECTORS WILL NOW HAVE ONE YEAR TO APPLY FOR THEIR UNIQUE DIRECTOR IDENTIFICATION NUMBER BEFORE FINES OF OVER $1.1 MILLION KICK IN FOR NON-COMPLIANCE. […]
THERE HAVE BEEN RECENT CHANGES TO THE WAY THE ATO APPLIES PENALTIES WHEN SUPERANNUATION CONTRIBUTIONS ARE PAID LATE, AND THE SIGNIFICANT EXPENSE THAT CAN RESULT. […]