Published on 18 Apr 12
by TASMANIAN DIVISION, THE TAX INSTITUTE
This presentation covers:
- protecting farm wealth for the future?
- farm succession statistics
- not just farms - SMEs
- succession and estate transfer will occur with or without a plan
- effects on farm wealth
- succession vs estate transfer
- time frame, flexibility and needs.
Andrew Beattie is a Director, CFO and Consultant at ProAdvice Pty Ltd which is an integrated consulting and accounting firm with offices in Launceston, Victoria and South Australia. Seventy per cent of ProAdvice clients own farming businesses and 95% of the remaining clients have a direct connection to agriculture. Andrew
operates specifically as a consultant and “Chairman of the board” to 40 farming families. These clients range from specialist intensive crop or dairy production to broad acre cropping and grazing. Key consulting roles include input into: strategy, business analysis, risk management and succession. Andrew has over 20 years experience in consulting, starting his career with the Tasmanian DPI, before moving to private consulting in 1995. Andrew holds a
Bachelor of Agricultural Science from the University of Tasmania and is a member of the Australian Institute of Agricultural Science and Technology. Current at 18 October 2012
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