Posts tagged "ID"

As company directors scramble to file their Director ID applications ahead of December 14, the ATO says it will consider penalties for business leaders who "deliberately" sidestep the new identification system.

Thousands of company directors technically committed a criminal offence by not applying for a Director ID number before November 30, but regulators appear unlikely to chase business leaders through the courts the moment a 14-day amnesty period comes to an end.

The Australian Business Registry Services says some 1.1 million business leaders are yet to sign up for their unique identifying number.