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Level 1, Big B Arcade
50 James Street
BURLEIGH HEADS, QLD
Australia
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  • Accelerated depreciation for primary producers

    10 March at 09:02 from atlas

    Accelerated depreciation for primary producers

    In the 2015-16 Federal Budget, the government announced all primary producers can now :

    • immediately deduct the cost of fencing and water facilities such as dams, tanks, bores, irrigation channels, pumps, water towers and windmills
    • depreciate over three years the cost of fodder storage assets such as silos and tanks used to store grain and other animal feed