Closer to Certainty for Minimum Taxation of Trusts: Treasury Releases Draft Legislation
After announcing the intended introduction of a minimum 30% tax on discretionary trusts as part of the 2026/27 Federal Budget […]
Acis, current as of: 22 June 2022.
Annually on 1 July, the corporate regulator increases its fees in line with CPI i.e. 5.1% this year. A detailed list of those new fees is available on ASIC’s website. Below is a snapshot of commonly lodged documents.
| ASIC fee increases | Current fee | Fee from 1 July 2022 |
|---|---|---|
| Company Fees | ||
| Registering a company | $512 | $538 |
| Company name change | $422 | $443 |
| Annual Reviews | ||
| Proprietary company* | $276 | $290 |
| Public company* | $1,281 | $1,346 |
| *Excluding special purpose companies | ||
| Late Fees | ||
| Within 1 month after due date | $83 | $87 |
| More than 1 month after due date | $344 | $362 |
Your updated fee schedule will be available on the Acis portal from 1 July. Please log in to review it, and don’t hesitate to contact us if you have any queries.
After announcing the intended introduction of a minimum 30% tax on discretionary trusts as part of the 2026/27 Federal Budget […]
Share buybacks, capital reductions and financial assistance transactions can trigger complex Corporations Act requirements, with non-compliance often leading to ASIC requisitions or issues with lenders. Join this practical session to understand the key rules, common pitfalls, and critical considerations when navigating these transactions. […]
From 1 July 2027, the proposed CGT rules introduce a deemed disposal mechanism, four new categories of capital gains, a new seven-step method statement, and the return of indexation in certain circumstances. They also interact with proposed changes relating to negative gearing. Understanding how these rules interact will be critical when advising your clients with existing assets. […]