You may be experiencing an increase in enquiries from clients asking about Director Identification Numbers (director IDs). The requirement to obtain a director ID also applies to individuals who have an SMSF with a corporate trustee. With over 60% of all SMSFs having a corporate trustee, many of your SMSF clients will need to apply for their own director ID before the prescribed deadlines.
Our latest white label document details:
- What a Director Identification Number (director ID) is
- Why SMSF trustees may need to apply for a director ID
- A step-by-step guide to the director ID application process
- The prescribed deadlines by which the application may need to be made by
At the time of publishing, the contents of this resource were accurate and correct.
Disclaimer: Technical Papers contain factual information only and are prepared without considering particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. The information contained in this document does not constitute advice given by the SMSF Association to you. If you rely on this information yourself or to provide advice to other persons, then you do so at your own risk. The SMSF Association is not licensed to provide financial product advice, legal advice or taxation advice. We recommend that you seek appropriate professional advice before relying upon the information in this technical paper. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this paper is not considered financial advice for the purposes of the Corporations Act 2001. © SMSF Association