Insights & Resources

Insights & Resources

Your chance to tap into the collective wisdom of the CSCG team, with lively, informative articles that give you opinions and knowledge on a wide range of financial industry issues relevant to you. Always a good read! Full of articles that will inform, energise, and educate. Anything you see that takes your eye, just call us!

What is a Director Identification Number

By the 30th November 2022 ALL Company Directors are required to apply for a Director ID Number.

ASIC is responsible for enforcing director ID offences set out in the Corporations Act 2001. It is a criminal offence if directors do not apply on time and penalties may apply.

Application for a Director ID is a straightforward process.

Firstly you must set up a MyGovID account to apply for your Director ID online. MyGovID is different from your myGov account. The MyGovID is downloaded from your applicable app store onto your mobile phone or iPad/tablet. It cannot be downloaded onto a computer.

To set up your MyGovID account you will need the following documentation:

  • Drivers Licence;
  • Passport or Birth Certificate; and
  • Medicare Card

Once you have set up your MyGovID you can then proceed to apply for Director ID number.
In order to submit your application for Director ID number you will need:

  • your tax file number (TFN)
  • your residential address as held by the ATO
  • information from 2 documents to verify your identity.

Examples of the documents you can use include:

  • bank account details – please phone our office to confirm details match
  • an ATO notice of assessment – please contact our office to obtain a copy
  • super account details
  • a dividend statement
  • a Centrelink payment summary
  • a PAYG payment summary (this is different to your income statement or your PAYG instalment activity statement).

When you have this information you can complete your application by logging into ABRS online (using the below link). You will need to be logged into your MyGovID account to allow full access.

Click here for ABRS link

For further information, please access the below link which provides step by step instructions.

Click for further instruction information

Please note that CSCG cannot apply for you. However, if you require assistance, please contact Jennifer Tadic of our office on 9974 8333.

Stay Informed

When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.

November Practice Update
CSCG Business Update 89 Wyndham City Council Small...
© 2023 CSCG. All rights reserved. Designed by Beyond Social
© 2023 CSCG. All rights reserved. Designed by Beyond Social