ASIC fees increase 1st July 2011

ASIC fees are being increased from 1 July 2011 based on the Consumer Price Index for the March quarter 2011.

Here are examples of changes to some common fees, sourced from the ASIC website:

Fee for: Current Fee From 1 July 2011
Change of company name $340.00 $351.00
First late payment fee $67.00 $69.00
Second late payment fee $278.00 $287.00

On 1 July 2011 there will be a further one-off increase to the annual review fee for companies and schemes (excluding special purpose companies) to cover increased costs associated with administering the national scheme. The additional fee increase is as follows:

Annual review fee for: Additional fee From 1 July 2011
Proprietary companies $1.50* $226.50
Registered schemes and public companies $6.00* $1,069.00
A special purpose company Nil $42.00

*Fees are subject to Government approval.

Please note all fees and information above have been sourced from the ASIC website.
If you need more information, call the office on (03) 9585 7555 and ask for Amanda or Noel,
orcontact us by email.

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