Information and Articles

The threat of fire is a year-round risk in Australia. However, for anyone living on – or managing – a small farm, a long hot summer and the onset of the declared fire season is the time to be proactive and to prepare for bushfires. 

Having a fire management plan in place to protect your property, machinery, livestock and especially your loved ones is the best defence against bushfires and grassfires. 

As with any new business, starting a small farming business can be a daunting task. The fact that there are different taxation rules that apply specifically to small businesses in the agricultural sector can complicate matters even more.

The Australian Tax Office (ATO) website contains a plethora of information relating to hobby farm business structures, possible tax deductions and options for claiming losses, but we have condensed the most important information in this article.