The recent floods in NSW have been declared a natural disaster by the Federal Government.
Revenue NSW has provided an update for its flood impacted customers on 4 July 2022, which is summarised below.
Federal Government Assistance
Commonwealth Government support for people impacted by floods include:
- Australian Government Disaster Recovery Payment
- Disaster Recovery Allowance
These payments can be applied for through the Services Australia website. Additional information is available through the National Resilience and Recovery Agency website.
NSW Government Assistance
Revenue NSW have put measures in place to assist customers who are struggling to pay their financial obligations. Examples include:
- Extension of payment and lodgement timeframes
- Putting debts on short-term hold
- Waive additional costs if you were prevented from acting during to the floods
- Wages paid or payable to an employee for flood assistance activities are exempt from payroll tax
For more information on this visit the https://www.revenue.nsw.gov.au/news-media-releases/natural-disaster-relief webpage.
Other Important Links
NSW State Emergency Service – For updates and information relating to the floods
Service NSW – Disaster assistance can be found on this page
NSW Government flood information and support services – financial support, information and assistance for people and businesses affected by NSW floods
NSW Government floods grants and other support – financial assistance for individuals, businesses, NFPs, farmers and primary producers impacted by storms and floods in NSW
For more information or assistance please contact Infinite Accounting Solutions on 02 9899 4730 or via the contact page at www.ias-ca.com.au