Insights | 08 Sep 2022

Apply for a Director ID or you may face fines over $1 million

All directors appointed on or before 31 October 2021 must apply for a Director Identification Number (director ID) by 30 November 2022 or risk facing serious penalties. Intending new directors must apply for a director ID before being appointed.

Penalties may apply if directors do not apply on time ($13,200 criminal; $1,100,000 civil).

If you are a director appointed on or before 31 October 2021 and have not yet applied for a director ID, we recommend you apply for your ID as soon as possible. To assist with this, we provide further guidance in our practical guides below:

Learn more

If you have any questions, contact Kylee Smith or your Pilot advisor on (07) 3023 1300.

Stay Informed

Stay updated with our tailored newsletters and alerts. Explore insights on accounting issues affecting your business and industries, along with firm updates.