Business Name Renewals - ASIC Payment Methods

ASIC recently updated there web site on how to Renew Your Business Name.

They are:
  • Renew your business name using Pay Now - renew business name only. Payment methods are Credit Cared, BPay or Invoice.
  • Renew your business name using ASIC Connect - renew business name AND update details. Payment methods are Credit Cared, BPay or Invoice.
Anyone who has used the ASIC Connect will agree it is one of the most difficult government sites to use and navigate.

I shudder when I have to go to this site. I recently tried to request a lost Corporate Key for a client which the site said I could/should do. The client sold his business and wished to transfer the business name to the new owner. Three months after making the request the client discovered from ASIC he had to cancel the business name and the new owner could then register the same name as it would then be available. How user friendly is that?

Since ASIC have only taken charge of Australian business names in recent times (previously it was managed independently by each state), the first round of renewals will start flowing through. Hopefully the payment methods as per the above ASIC link will be much easier to use.

PLEASE PLEASE be easier!

See these posts with tips, calculators and checklists to help you prepare your eTax Return (and get a better refund) with less hassle - checklist of eTax and Assessable Income and deductions and checklist of eTax and Allowable Deductions.

 For help with your eTax return see our eTax Return Checklist.

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