The director identification number (director ID) is a unique identifier that a director will apply for once and will keep forever. If you’re a director of a corporate trustee of a self-managed super fund (SMSF) you will need to apply for a director ID. You will be able to apply for a director ID from November 2021 […]
What’s a Tax/Financial year For all individual, sole trader, company and trust working in Australia, the tax year starts on 1st of July of that year and ends on 30th of June of the following calendar year. So, it actually captures the second half (Jul-Dec) of one year and the first half (Jan-Jun) on the […]
