Help for farmers making losses
Help for farmers making losses
- 2000
- MAFF News Release (447) 18 December 2000, (1) .
The Inland Revenue has published an extra statutory concession relaxing the rules governing the treatment of farming losses, increasing from five to seven the number of consecutive years during which farming losses can be offset against other sources of income. The concession will only apply for the tax years 2000/2001 and 2001/2002.
FARM LOSSES
TAX CONCESSIONS
INCOME TAX RELIEF
The Inland Revenue has published an extra statutory concession relaxing the rules governing the treatment of farming losses, increasing from five to seven the number of consecutive years during which farming losses can be offset against other sources of income. The concession will only apply for the tax years 2000/2001 and 2001/2002.
FARM LOSSES
TAX CONCESSIONS
INCOME TAX RELIEF