Inspiring Our Youth
To Realise Their Potential
Back to Search Results

Accelerated Depreciation for Primary Producers

Grant Closes: Ongoing Run By: Australian Taxation Office Further Information: https://www.ato.gov.au/businesses-and-organisations/income-deductions-and-concessions/primary-producers/in-detail/capital-expenditure/fencing-and-fodder-storage-assets

If you are a primary producer, you may be entitled to claim an immediate deduction for capital expenses incurred on fencing and fodder storage assets.

Your deduction is limited to the capital expenses you incur for:

  • construction
  • manufacture
  • installation
  • acquisition.

The expense must have been incurred primarily and principally for use in a primary production business conducted on land in Australia.

Last Updated: 28th of February 2024
Search Grants & Funding
Share This Page With Someone
Stay Informed
Subscribe to one or more of our regular email subscriptions, to be kept up to date on news and funding opportunities for the region
Choose Your Subscription(s)
Contact Us
Phone02 6771 0700
Opening Hours 9.00am to 5.00pm Monday to Friday
(Except Public Holidays)
Address 143 Marsh Street
Armidale NSW 2350
Postal Address PO Box 72
Armidale NSW 2350
Find Us in Google Maps or Apple Maps
© Copyright 2024 Regional Development Australia - Northern Inland
An Australian Government Initiative