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Dealing With Natural Disasters

Destructive events such as fires or floods can also mean the loss of income for the many affected people. Find out what you can do. The ATO says that if you are affected by a natural disaster, such as bushfires, floods or storms, there is generally no need to worry about your tax affairs right away. It says it will give you time to deal with your more immediate problems first. More time to lodge, pay and respond The ATO says that your tax obligations can generally be put to one side until you have dealt with the immediate effects of the disaster – whether you have been affected yourself [...]

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