Happy New Year!
2022 has begun and the new year has brought new challenges with relation to COVID-19. For safety and service continuity our office will be updating our operating procedures. We believe it is important to do our part in managing safety for everyone.
Our team will be splitting into two groups working alternatively in the office and from home. Staff in the office will wear face masks and continue to maintain physical distance and strict hygiene practices.
Up and coming changes to super
Recently, a number of significant superannuation changes were proposed in Parliament as a part of the government’s plan to enhance super outcomes for Australians.
Do you need a Director Identification Number?
Directors of companies will soon have to enrol in the Director Identification Number regime. This requires current and future directors to apply for director identification numbers (DIN) which will be permanently linked to the individual, even if they are no longer a director. It is hoped the regime will make it easier to trace relationships across companies and reduce instances of phoenixing and other illegal activity. Most existing directors will have until 30 November 2022 to apply for the DIN through the ATO.
After 34 ½ years full-time in the Accounting Profession and 25 ½ years in full-time Practice from 1 July 2021 John Halys will be semi-retiring to enjoy life post full-time employment. For those who know John well you could say that he is taking his own advice.
Emma is buying John out of the partnership and the subsequently there will be a change in the business name to Emma Sells & Associates.