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Individuals and businesses affected by a natural disaster can seek assistance from the revenue authorities to help manage their ongoing tax obligations. Some of the assistance is automatically implemented for all taxpayers but other assistance will need to be applied for.

In the immediate aftermath of a disaster, the focus is on stabilising your business to ensure it can continue to operate or return to operations as soon as possible.

Cash is the oxygen of your business and therefore it is important that you take time to consider the impact that the flood crisis will have on cash flow.

The 2022 floods across the east coast have had a catastrophic impact on businesses, many of which are still suffering the lingering effects of the COVID-19 pandemic.

It is at these times that insurance really matters. A successful claim can be make or break for a business that has been devastated by the floods. It is therefore critical to know what cover you have, and to be able to make a claim as soon as possible.

The Federal Government, along with the New South Wales, Victorian and Tasmanian State Governments, have now released jointly funded support packages for those affected by the recent floods.

The 2022 floods across the east coast have had a catastrophic impact on businesses, many of which are still suffering the lingering effects of the COVID-19 pandemic.

In the immediate aftermath of a disaster such as the floods, the focus is on stabilising your business to ensure it can continue to operate or return to operations as soon as possible.