The Taxation of Primary Production Businesses

Primary production and tax are not topics that you naturally think of as going together. Yet there’s a number of complex items that impact primary producers more than other business types. Do you know them all?

The taxation of primary producers is less well understood than and probably more complex than other business types such as retail or construction. The complexities arise from the types of structures used by these business owners, specific tax concessions they’ve been granted and the nature of their work and use of large capital assets such as land.

Join us for this session to understand some of the key provisions of which you should be aware when it comes to primary producers and how you should be approaching your understanding of their business operations.

Learning Outcomes:

By the end of this session attendees should understand the key provisions that apply uniquely or differently to primary producers, including:

• Income receipt/ recognition
• Goods & trading stock
• Capital expenditure
• Other provisions such as income averaging

Suited to:

All industry professionals

This On Demand recording Includes: 

• Recording of the Live Webinar, which can be viewed multiple times, for as long as required 
• Presenters contact details for follow up questions 
• CPD Quiz
• CPD Certificate 
• CPD Report – Logged automatically 
• PowerPoint Presentation
• Verbatim Transcript, with Searchability
• Supporting Documentation