It is extremely important that Directors and Shareholders keep their residential address up to date with the Australian Securities & Investments Commission (ASIC).
The law requires a company to notify ASIC of any changes to:
A company is in breach of its obligations if it fails to notify ASIC of any of these address changes within 28 days of the change and there are penalties if notification is not received within 28 days of the change.
The Australian Taxation Office also relies on the ASIC records when sending correspondence direct to a Company Directors residential address. This correspondence could include Director Penalty Notices (DPN). DPN’s and some other ATO correspondence are sent via snail mail and not via your Tax Agent. The importance of this is that if you receive a DPN you only have 21 days to act so it is extremely important that your address details are kept up to date so should you receive such correspondence from the ATO there is no delay.
If you have any queries in relation to the above please do not hesitate to contact Helen of our office on 9387 5637.
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.