Farm management deposits scheme

Category: Food, Beverages and Wine, Other, Small Business.
Program Status: This scheme is ongoing.
Agency: Australian Taxation Office (ATO).
More information: view website.

Project Eligibility

Open to individuals carrying on a primary production business.

Project Details

This scheme helps farmers deal with uneven income, which is common in agriculture because of natural disasters, climate and market changes. It allows primary producers to claim a tax deduction for deposits they make in the income year they made them.