Day: August 6, 2024

1. Income Averaging to even out income and tax liabilities across 5 years 2. Immediate deduction for landcare operations such as drainage work to prevent erosion 3. Immediate deduction on fencing and water facilities such as dams, tanks, pumps etc. 4. Immediate deduction for horticulture plants with an effective life of less than three years… Continue reading Tax Tips/Benefits Available for Primary Producers