To me it is rather disturbing how ASIC is acting. ASIC are issuing late payment notices that are received well after the date the fee has to be paid, resulting in an even higher excessive fee being charged.
ASIC send out very early notices, months before the ASIC fee is required. In this case I fully accept I misplaced the notice and thus should pay the late payment fee. However, the notice I received from ASIC to indicate the yearly fee had not been paid and thus a $76 late payment fee was being charged, did not come out in a timely manner.
ASIC invoice issue date 24 Jan 17
ASIC due by date 24 Mar 17
ASIC invoice issue date 27 Mar 17 with additional $76 late fee
Not stated due date. Pay immediately.
Received and paid on the 1 May 17.
If this amount isn't paid within 28 days an additional late payment fee of $240 applies. Invoice was received and paid on 01 May 17.
Overdue notice dated 25 May 2017 for a further late fee of $240.
Paid on 31/5/2017.
As stated above I have no issue of paying the initial late payment fee as I was in error. However, sending out the reminder to be received after the time required to be paid, means you automatically end up being hit with an additional $240 late payment fee. My incompetence in paying the ASIC fee on time, is only exceeded by ASIC to get late payment notices out in a timely manner.
If you're in this situation, I'd suggest it is simply a waste of time applying for a fee waiver. In my case it was rejected.
Kelvin Eldridge
ASIC send out very early notices, months before the ASIC fee is required. In this case I fully accept I misplaced the notice and thus should pay the late payment fee. However, the notice I received from ASIC to indicate the yearly fee had not been paid and thus a $76 late payment fee was being charged, did not come out in a timely manner.
ASIC invoice issue date 24 Jan 17
ASIC due by date 24 Mar 17
ASIC invoice issue date 27 Mar 17 with additional $76 late fee
Not stated due date. Pay immediately.
Received and paid on the 1 May 17.
If this amount isn't paid within 28 days an additional late payment fee of $240 applies. Invoice was received and paid on 01 May 17.
Overdue notice dated 25 May 2017 for a further late fee of $240.
Paid on 31/5/2017.
As stated above I have no issue of paying the initial late payment fee as I was in error. However, sending out the reminder to be received after the time required to be paid, means you automatically end up being hit with an additional $240 late payment fee. My incompetence in paying the ASIC fee on time, is only exceeded by ASIC to get late payment notices out in a timely manner.
If you're in this situation, I'd suggest it is simply a waste of time applying for a fee waiver. In my case it was rejected.
Kelvin Eldridge
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