Business Resources FEBRUARY/MARCH 2022: Disaster Assistance – Grants and Funding
Disaster Assistance - Grants and Funding
Assistance measures offered by the Australian Tax Office for small business and individuals in flood affected areas in Queensland and New South Wales agreed by the Commissioner of Taxation to help alleviate cash flow pressures and affected community with their recovery efforts visit the Australian Tax Office here.
For urgent assistance with your tax affairs in the aftermath of the February 2022 rain and flood event, contact the ATO's Emergency Support Infoline on 1800 806 218.
Read Media Release on 9 March 2022 from Treasurer Hon Josh Frydenberg MP here
Australian Government Disaster Recovery Payment
A lump sum payment of $1,000 per adult and $400 per child for eligible people in identified LGA's adversely affected by the SE Queensland Floods starting February 2022. Claims must meet eligibility criteria, and lodged through Services Australia before 3 September 2022.
Australian Government Disaster Recovery Allowance
An allowance of up to $629 per fortnight for a maximum of 13 weeks for eligible people submitted to Services Australia. To claim online you will require a MyGov account linked to Centrelink.
Queensland Government Personal Hardship Grants
At the time of newsletter production five Hardship Grants have been made available tailored to different circumstances for 15 LGA's impacted by the recent rainfall and flooding.
Categories include:
- Emergency Hardship Assistance
- Structural Assistance
- Essential Household Contents
- Essential Services Safety and Reconnection, and
- Essential Services Hardship Assistance
Extraordinary Disaster Assistance Recovery Grants - South East Queensland Rainfall and Flooding
Jointly funded by the Australian and State Government, and administered by Queensland Rural Industry Development Authority (QRIDA)
For Business: grants of up to $50,000 to hire or purchase equipment and materials, clean up, remove debris, replace or repair damaged infrastructure and stock and other costs associated with recovery.
For Primary Producers: grants of up to $75,000 for producers to hire or purchase equipment and materials, clean up, remove debris, replace fencing and other costs associated with recovery.
For Not for Profit Groups: grants of up $50,000 to hire or purchase equipment and materials, clean up, remove debris, repair or replace damaged infrastructure or goods and other costs associated with the recovery process.
Jointly funded by the Australian and State Governments, concessional loans are available through QRIDA to Business; Primary Producers and Community Groups/Not for Profit Groups directly impacted by the SEQ rainfall and flooding events. The loan can be used to repair or replace damaged plant, equipment, or buildings, replace stock to meet carry-on costs including rents or rates to maintain liquidity and assist with re-establishing normal operations.
Disaster Assistance (Essential Working Capital)
Announced by the Office of the Queensland Small Business Commissioner, loans of up to $100,000 are available for businesses that have been indirectly impacted by the SEQ rainfall and flooding events. This loan can be used to pay staff, creditors, rent or rates and purchase goods that are essential for your business such as fuel.
Queensland Government grants of $5,000 through the Sport and Recreation Disaster Recovery Program (SRDRP) for not for profit sport and recreation organisations to re-establish their facilities.