Farm equipment delays prompt calls for tax deadline leniency

Andrew Marshall
Updated August 24 2022 - 7:31am, first published August 23 2022 - 4:00pm
NSW Farmers president, Xavier Martin, wants farmers to be "cut some slack" so they can make a tax deductible depreciation claims on late delivered equipment purchases.
NSW Farmers president, Xavier Martin, wants farmers to be "cut some slack" so they can make a tax deductible depreciation claims on late delivered equipment purchases.

A blow out in wait times for machinery orders and new farm infrastructure will leave many farmers paying more tax than they bargained for this financial year as agricultural earning prospects rise on the back of another bumper season.

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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