Director Identification Number (director ID)

16 November 2021

Director Identification Number (director ID) registrations are now available on the new Australian Business Registry Services (ABRS) website.

The ABRS is a new service who will be maintaining the Director Identification Number (director ID) registrations.

The director ID is a 15-digit unique identifier a director applies for once only and keeps forever, like a Tax File Number. It confirms a director’s identity and (once the functionality is available) will show which companies they’re linked to. The director ID will help prevent the use of false or fraudulent director identities.

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Changes to Superannuation from November 1: Employee Stapled Funds

25 October 2021

Changes to selecting a superannuation fund for new employees apply from 1 November 2021.

When a new employee commences employment with your business on or after 1 November 2021 and does not select a superannuation fund, the employer may need to request their "stapled fund" details from the ATO.

To make the request through ATO online services, your authorised representative will need 'Employee Commencement Form' permissions.

More information can be found on the ATO website here.

Please contact your local Boyce office if you require further assistance.

New Independent Chairman Announced

New Independent Chairman Announced

19 October 2021

The directors of Boyce Chartered Accountants are delighted to announce the appointment of Jim Tate as the firm’s independent chairman.

An important part of the governance arrangements for Boyce Chartered Accountants is the role of the Independent Chairman. 

The Chairman is appointed to advance the interests and cohesiveness of the leadership group and provide independent advice, counsel, and guidance for Directors and staff. 

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NSW JobSaver - Extension & Tapering

12 October 2021

NSW Announces Extension & Tapering of JobSaver

The NSW Government has provided a media release regarding the extension and tapering of JobSaver.

Details of the JobSaver changes are set out below and coincide with the phased reductions in restrictions across NSW:

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NSW JobSaver - Update on Reconfirmation of Eligibility

23 September 2021

After consultation, Service NSW have updated their website providing further guidance and clarification regarding the new requirement for businesses to reconfirm their eligibility for JobSaver each fortnight.

It is important to note that September payments will continue even if businesses do not reconfirm eligibility, however any payments after that will only be processed once eligibility is reconfirmed.

Information on the reconfirmation process is available here.

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