bushfires

Reconstructing tax records after a natural disaster

The ATO says it can help if you have individual clients who have lost their records due to a natural disaster such as a bushfire. It says it can achieve this by providing on-site visits to help your client reconstruct their lost or destroyed tax records and/or assistance to work out reasonable estimates if their

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Tax relief and assistance for bushfire affected taxpayers

The Treasurer Josh Frydenberg has announced that disaster relief payments to individuals and businesses will be tax exempt. “This decision will ensure that every dollar that is paid out to affected individuals, businesses and primary producers goes to supporting them during these difficult times and to rebuilding their livelihoods,” Frydenberg said. Notably, the exemption will

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