Owning a family company comes with significant responsibility regarding how payments from the company to you or your family member are handled. Most payments from a company are considered as dividends in the recipient's hands, except the return of original…
From November 1, 2021, a Director ID is now required for all company directors in Australia. A Director ID is a unique 15-digit number that will stay with a company director for their lifetime. You must apply for a Director…