ASIC Company Fees From 1 July 2020

by | Jun 15, 2020


Each year, ASIC Company Fees, consistent with the value of Consumer Price Index (CPI), increase effective 1 July.

This year, the ASIC has advised of the increase. Below is the comparison of current ASIC Company Fees and the fees that will apply from 1 July 2020.

ASIC Company Fees

  • Annual Review Fee for a Proprietary Company  –  $273 (up from $267)
  • Late Payment Fee for up to 1 month –  $82 (up from $80)
  • Late Payment Fees for more than 1 month late – $340 (up from $333) 

 

Please note that GST does not apply to ASIC fees.

If you need help or have any questions, please don’t hesitate to contact us.

 

 


General Advice Warning

The material on this page and on this website has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained on this page and on this website is General Advice and does not take into account any person’s particular investment objectives, financial situation and particular needs.

Before making an investment decision based on this advice you should consider, with or without the assistance of a securities adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances. In addition, the examples provided on this page and on this website are for illustrative purposes only.

Although every effort has been made to verify the accuracy of the information contained on this page and on this website, Chan & Naylor, its officers, representatives, employees, and agents disclaim all liability [except for any liability which by law cannot be excluded), for any error, inaccuracy in, or omission from the information contained in this website or any loss or damage suffered by any person directly or indirectly through relying on this information.


You might also like

NSW Business Owners: Apply for $1,000 SafeWork Rebate

NSW Business Owners: Apply for $1,000 SafeWork Rebate

If you're a small business owner in NSW, you might be eligible for the $1,000 SafeWork Small Business Rebate. This government program helps businesses, sole traders, charities, and not-for-profits improve workplace safety by covering the cost of certain safety...

read more
What to Do When an Employee Leaves

What to Do When an Employee Leaves

When an employee or independent contractor stops working for your business, your obligations don’t end immediately. You may need to process final payments, report them correctly to the Australian Taxation Office (ATO), and ensure compliance with superannuation and...

read more