Beyond the Director ID: 3 Compliance Traps Catching Boards Out in 2026
It’s been a few years since Director IDs became mandatory, but the "set and forget" mentality is leading to a new wave of compliance issues. Is your board actually compliant, or are you just "assuming" it is?
ASIC and the ATO are increasingly sharing data. If your Director ID details don't perfectly match your ASIC records, or if you've recently moved house without updating both systems, you're at risk.
3 Common Traps:
The "Moving House" Gap: Updating your personal tax return doesn't update ASIC. You have 28 days to notify ASIC of an address change.
The New Director Oversight: New directors often forget they must apply for their ID before being appointed.
The Deregistration Trap: Closing a company doesn't magically wipe your compliance history.
