| Assessability of an exceptional circumstances relief payment paid to a farmer |
| Taxation Determination TD 2008/16 Income tax: is an exceptional circumstances relief payment paid to a farmer under the Farm Household Support Act 1992 assessable primary production income under subsection 392-80(2) of the Income Tax Assessment Act 1997? Issued 25 June 2008 |
| Beekeepers: calculating the value of trading stock |
| If you are a beekeeper, you need to assign a value to your bees at the beginning and end of each financial year. |
| Capital expenditure on mains electricity and telephone |
| Explains the capital expenditure rules for expenditure on mains electricity and telephone connection. |
| Conservation tillage refundable tax offset |
| A refundable tax offset for an eligible no-till seeder (eligible seeder) used in conservation tillage farming practices has been introduced as part of the government's Clean Energy Future Plan. |
| Disasters and primary producers |
| Explains the special rules which apply to income primary producers may receive, or expenses they incur, as a result of disasters such as bushfires and floods. |
| Establishment cost of grapevines |
| An online guide to assist taxpayers claiming depreciation on grape vines and horticultural products. |
| Establishment costs of horticultural plants |
| Explains the circumstances under which a deduction may be claimed for the establishment costs of horticultural plants. |
| Farm management deposits scheme |
| The farm management deposits (FMD) scheme commenced on 2 January 1999, and replaced the income equalisation deposits scheme. The scheme's legislative provisions are in Division 393 of the Income Tax Assessment Act 1997. (NAT 8776) |
| Forum calendar 2011 |
| The Consultative forum calendar provides meeting dates and links to each forum's mailbox. |
| GST instalments |
| This fact sheet contains information for primary producers and special professionals about options for reporting and paying GST, including the option to pay GST by instalments. (NAT 4238). |
| GST on livestock and game sales |
| Under the GST Act, sales of animals are subject to GST while sales of meat for human consumption are GST-free. NAT 3508-08.2006. |
| Irrigation water providers - access to water facilities and landcare tax concessions |
| In May 2004 the Government announced, as part of its budget package, that eligible water providers will have access to the water facilities and landcare tax concessions which are currently available to primary producers. |
| Landcare and water facility tax offset - Information sheet |
| Information on eligibility, limits, deductions and claims for Landcare offset. |
| Landcare operations |
| Landcare operations cover what were previously known as land degradation measures. You can claim a deduction in the year you incur capital expenditure on a landcare operation for land in Australia. |
| Landcare operations tax concessions |
| Explains how a Rural land irrigation water provider can claim a deduction for capital expenditure incurred on a landcare operation for land in Australia in the year it is incurred. |
| Murray-Darling Basin small block irrigators exit grant package |
| The way tax applies to you if you receive a payment under the Murray-Darling Basin Small Block Irrigators Exit Grant package. |
| Natural increase of stock |
| How to value natural increases of stock during the year. Natural increases can be valued at cost, market selling value or replacement value. |
| Oyster farmers - stock on hand |
| Oyster farmers who use the 'per stick' method in PS LA 2006/3 to calculate the value of their trading stock at the end of each income year will be accepted as having complied with the law. |
| PAYG withholding essentials |
| If you have employees, you are required to withhold amounts from their pay and send the withheld amounts to the tax office. |
| Pilot of drought reform measures in Western Australia |
| Provides guidance on taxation of industry assistance grants to farmers in drought affected areas of Western Australia. |
| Primary production elections and the Commissioner's discretion regarding disentitling events |
| This fact sheet outlines the Commissioner's discretion to disregard certain disentitling events that would otherwise trigger the assessment of certain income for a primary production trust. |
| Primary Production Industry Working Group charter |
| This forum is established with representatives of the primary production industry sector. |
| Primary Production Industry Working Group membership |
| The Primary Production Industry Working Group is a consultative forums that reports to the Commissioner's Small Business Advisory Group. |
| Primary Production Industry Working Group minutes, February 2011 |
| Minutes of the Primary Production Industry Working Group meeting held on 22 February 2011. |
| Primary Production Industry Working Group secretariat |
| Contact for the secretariat of the Primary Production Industry Working Group. |
| Record keeping in the primary production industry |
| Sets out what records you need to keep for your daily business transactions if you operate a small business in the primary production industry. (NAT 11033) |
| Stock on hand |
| Explains how to value stock on hand at the end of the income year. |
| Tax averaging for primary producers |
| Tax averaging enables you to even out your income and tax payable over a maximum of five years, to allow for good and bad years. This ensures that you do not pay more tax over a number of years than taxpayers on comparable but steady incomes. |
| Tax concessions applicable to farmers as a result of natural disasters |
| There are a number of special tax measures and concessions available to farmers affected by drought, fire, flood and other natural disasters. |
| Water entitlement reduction or replacement - CGT rollover |
| If you replace, transform or reduce your water entitlement you may be able to rollover any capital gain you make. |
| Water facilities tax concessions |
| Explains how primary producers and irrigation water providers can claim deductions of the capital expenditureincurred on a water facility. |
| Who is a primary producer? |
| A primary producer is an individual, trust or company carrying on a primary production business alone or in partnership. |