Published on 11 Aug 2004
| Took place at Holiday Inn on Hindley, Adelaide
Each stage of the lifecycle of a primary production business poses particular problems
and issues on the operators and in turn their advisers. Initial structuring, which on the
surface can appear simple, is often more critical than off-farm businesses of similar size due to the likelihood of requiring a structure suitable for the almost inevitable handover to the next generation.
Not only should the tools used to manage intergenerational transfers be revisited by
practitioners periodically but so too should the rules dealing with the so-called operational issues of those businesses.
Get a 20% discount when you buy all the items from this event.
Author(s): Nick WILKINS This paper covers:
- initial structuring issues and solutions
- write offs - capital allowances
- depreciating assets - changes to rules from 1st October 2004
- simplified tax system.
Significant Tax/Legal Issues for Primary Producers
Author(s): Peter SLEGERS This paper covers:
- viticulture issues and solutions - vineyard sales and restructures, intellectual property issues and solutions eg. dealing with the value of the label, and composite assets
- lessee improvements
- water rights.
This paper was also presented at the Port Lincoln seminar on 10 September 2004.