You need to make sure you pay your annual review fee on time and tell the ASIC when your details change. If not, you may be charged a fee for not paying your annual review fee, as well as a fee for not notifying ASIC of any changes.
Using a registered agent to manage your companies and act as the registered office for you definitely has benefits and they could help you to avoid having to pay these unnecessary late payment and late lodgement penalties.
The benefits of using a registered agent include:
A registered agent is a person or company that is authorised to lodge company related documents with ASIC on behalf of a third party. The agent acts as an intermediary and usually helps a company meet their lodgement obligations under the Corporations Act 2001. Registered agents are generally your accountant.
Mark has helped us immensely to understand our financial position, these guys are not just tax agents, they fully understand all aspects of business.
Daniel and his team at Tactica Partners have been taking care of me, my family and my company's accounting needs and I highly recommend him and the team. They've made getting tax done so easy and Daniel is an amazing accountant and extremely thorough and helpful.
…very professional, well prepared and organised. They have given us great business and personal tax advice, offered us good business insights, and more general personal planning advice too.
They continually deliver on all aspects of their service offering. …..we appreciate the substantial assistance they have provided in managing our bookkeeping function and providing proactive tax and accounting advice. We value their ongoing input in helping us strive for continual improvement on our reporting processes and delivery of timely information to our US office.
At last! An accountant who has "not" had a totally successful charisma bypass operation! Sensible and knowledgeable advice. Excellent!
Mark H and Helen have given us wonderful support for our family and business accounting for several years now. When I got my first invoice I grumbled……. not now. We can see the savings and feel the security for ourselves.