A timely reminder for business owners affected by Cyclone Debbie who may be eligible for government assistance.
The Queensland Government is offering grants of up to $25,000 to certain small businesses (businesses with less than 20 staff) and not-for-profits hit by Cyclone Debbie in March this year. Primary producers are also eligible for this grant.
The Natural Disaster Recovery Scheme was established in the wake of Cyclone Debbie in a bid to help hundreds of businesses facing weeks of clean-up and repairs following the disaster. Locals face a clean-up bill running to tens of thousands of dollars even before they count the cost of trade lost while they rebuild.
What does the grant cover?
An initial payment of $5000 will be paid to eligible businesses to cover any of the following clean up and reinstatement costs:
- Purchase or hire of clean up materials or equipment
- Removal of debris and damaged property
- Building repairs and replacement of fittings
- Replacement of essential trading stock
- Leasing temporary premises
- Labour to help with the clean-up
A further $20,000 is also available in subsequent applications, provided they are supported by documentary evidence of the damage and/or payment of the clean-up and reinstatement costs.
Is my business eligible?
To qualify for the Queensland Government’s Natural Disaster Recovery Scheme the affected business must be operating in one of the nominated ‘disaster areas’ in the following local government regions:
- Isaac Regional Council
- Logan City Council
- Mackay Regional Council
- Rockhampton Regional Council
- Whitsunday Regional Council
How do I apply?
For more questions on this or any other government assistance schemes your business might be eligible for, or for any questions on the tax or business advisory services we offer, email or call Josh Meggs or one of the Tax or Business Advisory team on 07 3023 1300.