Viewing entries tagged
director

Turnbull government crackdown sees ID number for all directors

Turnbull government crackdown sees ID number for all directors

The Turnbull government is seeking to crackdown on phoenix companies and as a result, each Australian company director will be assigned a unique identification number to prevent them being able to deliberately scuttle their companies to avoid paying creditors and then reappearing phoenix-like - debt-free.

Director's fees: How and when to pay them

Director's fees: How and when to pay them

The issue of Director’s fees often comes up – should we pay directors, how to pay, and if we do pay fees how should they be paid? We answer the common questions for private companies.