Changes to AGMs and e-communications
Permanent changes to AGMs and electronic communications The Government has introduced into Parliament a Bill to permanently allow companies to use technology to meet their regulatory requirements, and ensure that companies can continue to meet their obligations amid the uncertainty of the COVID‑19 pandemic. These reforms build on the recently renewed temporary relief, which we […]
Director ID regime
Preparing for the new Director ID regime As part of its Digital Business Plan, the Government announced the full implementation of the ‘Modernising Business Registers’ program. This included recently enacted legislation introducing the new director identification number (‘director ID’) regime. The director ID is a unique identifier that a director will need to apply for […]
Director identification numbers
Preparing for director IDs If you want to become a director or are already one, you’ll need a director ID. Apply for a director ID from November 2021 here: https://www.abrs.gov.au/director-identification-number Director identification numbers (director ID) are a new requirement for all company directors, designed to help combat illegal activity by making it easier to trace […]
2021/22 Federal Budget
Omnis Group Federal Budget Summary 2021/22 Key points covered by this summary: Personal income tax changes Changes affecting business taxpayers Superannuation related changes 1. Personal income tax changes 1.1 Retaining the Low and Middle Income Tax Offset (‘LMITO’) for the 2022 income year The Government has announced that it will retain the LMITO for one […]
Peta Berry, Manager SMSF Solutions
Meet Omnis Group Manager, Peta Berry Working across Omnis Group’s Accounting and Financial Planning businesses, Accountant Peta Berry has a strong background in self-managed super fund (SMSF) accounting and administration. She joined Omnis Group in 2008 to run the SMSF Solutions Department, specialising in: SMSF Administration SMSF Preparation of Annual Financial Statements & Tax Returns SMSF […]
Notifiable Data Breaches scheme
Notifiable Data Breaches scheme starts 22 Feb 2018 Robust data security was legislated in Australia under the Privacy Amendment (Notifiable Data Breaches) Act 2017, which makes it mandatory for businesses to report eligible data breaches from 22 February 2018. Under the Notifiable Data Breaches (NDB) scheme, businesses need to notify individuals and the Australian Privacy Commissioner in the […]
