Update – ASIC Fee Increases
From the 1 July 2022, some fees may increase for the lodgement of documents with the Australian Securities & Investments Commission (ASIC). ASIC increases its fees each year based on the Consumer Price Index (CPI) for the previous quarter. Annual CPI inflation increased to 5.1% in the last March quarter. Even though these fees are minor, there are penalties for non- compliance. As such, it is important to understand what documents will be impacted and how it will affect your organisation.
Some of the most common documents we lodge are set out below:
Increases to Registration of Company Fees
Increases to Business Name Fees
Increases to Company Documents Generally
Additionally, the annual proprietary company review fee will increase from $276 to $290. The annual public company review fee will increase from $1,281 to $1,344. All annual review fees must be paid within two months of the review date. If those fees are less than one month late, there will now be an additional charge of $87. If those fees are more than one month late, there will now be an additional charge of $362.
If you have any queries or concerns, please contact us on (07) 3160 0000.
Disclaimer – Reliance on Content
The material distributed is general information only. The information supplied is not and is not intended to be, legal or other professional advice, nor should it be relied upon as such. You should seek legal or professional advice in relation to your specific situation.