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Australia is known for its sudden natural disasters, which can strike at any moment, including floods, bushfires and storms.

Businesses can be better prepared by planning how their business can recover from a natural disaster.

For those that are affected by natural events, the Australian Taxation Office (ATO) understands that time to deal with more immediate concerns is required. Therefore, the ATO will give small businesses more time to deal with immediate problems first, and will be at hand to help organise tax affairs later.

Should any records have been damaged, the ATO may also be able to help reconstruct tax records.

For free resources to help businesses plan and recover from natural disasters, visit the ATO website here.

Date published 11 Jan 2017 | Last updated 10 Jan 2017

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