In Australia, natural disasters such as floods, bushfires or storms can strike without warning. You can make sure your business is prepared by planning how your business might recover from a natural disaster.
If you are affected by a disaster or major incident, we, the ATO, understand that dealing with your tax affairs may not be a priority. We will give you time to deal with your more immediate problems first and can work with your accountant or help you directly to sort out your tax affairs later. Where your tax records have been damaged or destroyed, we, the ATO, can help you to reconstruct them.
We can also provide support by giving you more time to lodge, pay and respond.
If you or your business is affected by a disaster and you need further assistance, phone your accountant, or the ATO on 1800 806 218.
Find out about:
The Australian Taxation Office (ATO)
Sofie Korac is an Authorised Representative (No. 400164) of Prudentia Financial Planning Pty Ltd, AFSL 544118 and a member of the Association of Financial Advisers.
Financial Advice Sydney and the North Shore Office based in Gordon NSW