The tax system includes special provisions to help you, as a primary producer to manage your tax affairs when your income varies substantially from year to year. These can be long term programs like the Farm Management Deposit scheme or dealing with short term issues such as Murray Goulburn overpaying milk suppliers, or exempting certain disaster recovery grants.
Find out about
- Tax averaging
- Farm management deposits scheme
- Abnormal primary production income
- If your business runs at a loss
See also
Help for primary producers to manage the way in which their situation may vary substantially from one year to the next.