Special rules for primary producers
Farm management deposits
If you make a farm management deposit, your instalment income for that period is reduced. Withdrawals from farm management deposits must be included in your instalment income.
Forced disposals of livestock
If you are forced to dispose of livestock in circumstances where you are entitled to choose to return the proceeds of the sale over five years, only the amount assessable in the income year you are forced to dispose of the livestock is included in your instalment income.
PAYG instalments don't affect your entitlement to income averaging. If income tax averaging provisions apply to your income, the instalment rate or amount we work out for you will take your entitlement to income averaging into account.