E-mag: Budget adds to tax credits

Andrew Marshall
October 29 2020 - 6:00am
Budget horsepower: Farmers will be able to write off the entire balance of their equipment depreciation pool, instantly up-sizing credits against their 2020-21 tax bill.
Budget horsepower: Farmers will be able to write off the entire balance of their equipment depreciation pool, instantly up-sizing credits against their 2020-21 tax bill.

The multi-year run of federal government equipment depreciation write-off offers to farmers continues to grow more generous.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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