Farms, farming and primary production operations are very unique small to medium businesses. Some specialised knowledge is needed to get things right! Your accountant needs to understand very unique sections of the law, for example:
- Farm Management Deposits
- Water Write Offs
- Income Deferrals
- Forced Livestock Sale Elections
- Depreciation
- Erosion Protection Measures
- Water Conservation Measures
Drought and Natural Disaster
Sadly Australian Farmers are not immune to drought and natural disaster. Accordingly, you need an accountant prepared to help you work through the maze of assistance available.
The Queensland Rural Adjustment Authority is a key provider of assistance to farmers.
Remote Assistance
Many farmers live and work in very remote areas of Australia so it is critical that great systems of communication are established. We can offer remote assistance in many ways:-