Directors ID & Interest Rate Hike

Director ID deadline is soon approaching!

Director identification number is a legal requirement for all company directors.

It’s a unique 15-digit identifier that a director will apply for once and keep forever.

You need a Director ID if you’re:

• Director of a company
• Director of a corporate trustee of a self-managed super fund (SMSF) or
• Director of a corporate trustee of a trust

What is the deadline to apply?

• Existing directors appointed on or before 31 October 2021 by 30 November 2022
• New directors appointed between 1 November 2021 to 4 April 2022 within 28 days of appointment
• New directors appointed from 5 April 2022 before appointment

The fastest way to apply is online so click here!

Yesterday, not only was it Melbourne Cup Day we were also hit with the seventh consecutive month of interest rate rises with the RBA raising interest rates by another .25{b8e7c7f951a33340f874b6d86f318d9ec4412e46b7f65591a459ed670b119c83}

What does this mean for you?

The prospect of more interest rate rises can be too much to manage for some households who are already under mortgage stress. But remember,

It’s not too late to find a better home loan deal – Every $$ counts!

All you need to do is contact the professionals at TTO to find out how you can be sure to keep more of your hard earned cash in your pocket.