Find out what flood assistance is available
If you are a business or individual in NSW and you’ve been directly impacted by storms and floods in February and March 2022, you may be eligible for financial assistance and support.
Business Financial support Disaster recovery allowance – a short-term income support payment to assist if you’ve lost income as a direct result of the floods, provided by the Australian Government. Stamp duty relief – for replacing insured commercial motor vehicles written off due to floods and storms. Disaster relief loans – concessional interest rate loans up to $130,000 for small businesses and up to $25,000 for not-for-profit organisations. Clean-up support Skip bins and dump trucks have started to appear on the streets. Where there are no skip bins or dump trucks available, separate waste on the kerbside until they arrive. Cleaning up after a natural disaster can be dangerous. Here’s some advice on how to clean up safely and deal with hazardous waste. Mental health support Individuals Australian Government payments · Disaster Recovery Payment – $1000 per eligible adult and $400 per eligible child if your home has been severely damaged or destroyed, or you’ve been seriously injured. · Disaster Recovery Allowance – short-term income assistance (up to 13 weeks) if you’ve lost income as a direct result of the floods.
Further information and a comprehensive list of support available click here The team are here to help you. If you have any questions, please reach out to your accountant. |