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Primary producers deductions

Calculating the decline in value of grapevines
If a grapevine is planted and first used by you in a primary production business the decline in value of the grapevine is worked out under the provisions relating to horticultural plants.
Calculating the decline in value of horticultural plants
You can claim a deduction for the decline in value of horticultural plants that you own and use in a business of horticulture to produce assessable income.
Primary producers
The tax laws include special provisions for primary producers. To use these you need to check you meet the Tax Office's definition of carrying on a business of primary production.
Primary production activities
You are a primary producer if you run a business of plant or animal cultivation, fishing or pearling, or tree farming or felling.
Primary production, professionals, sports and entertainment
Special tax rules or concessions may apply to your assessable income if you're a primary producer or special professional.