The Business of Dairy

The Art of Tax Planning


Listen Later

Farm profits will be interesting this financial year with strong milk prices and milder seasons being in our favour but then on the other side of the scales we have pricing pressures on key inputs such as fertiliser and wet weather and severe flooding impacting many dairy businesses on the east coast of Australia. Whether you are looking at a profit or a loss for your dairy business, we are now in the final quarter of the financial year and if you don’t already, you should really be looking at tax planning with your accountant to manage your tax position as effectively as you can.

Our guests this month are two enthusiastic and experienced accountants from Boyce Chartered Accountants who discuss strategies to help dairy farmers with the art of tax planning. Kate Garrett and Dan Medway have a very good understanding of agricultural businesses and have dairy clients they work with throughout NSW.

 

Useful resources related to this podcast:

Dairy Australia – Farm Business Management training options

The Dairy Standard Chart of Accounts

Boyce Chartered Accountants

This podcast is an initiative of the NSW DPI Dairy Business Advisory Unit

It is brought to you in partnership the Hunter Local Land Services

Please share this podcast with your fellow farmers and colleagues and feel free to contact us with suggestions or comments via this email address [email protected]

Further NSW DPI Dairy channels to follow and subscribe to include:

NSW DPI Dairy Facebook page

DPI Intensive Livestock Twitter feed

NSW DPI Dairy Newsletter

Transcript here

Produced by Video Lift

The information discussed in this podcast are for informative and educational purposes only and do not constitute advice. 

...more
View all episodesView all episodes
Download on the App Store

The Business of DairyBy NSW DPI


More shows like The Business of Dairy

View all
Hamish & Andy by LiSTNR

Hamish & Andy

1,116 Listeners

Conversations by ABC listen

Conversations

893 Listeners

Mamamia Out Loud by Mamamia Podcasts

Mamamia Out Loud

626 Listeners

RaboResearch Food & Agribusiness Australia/NZ by Rabobank

RaboResearch Food & Agribusiness Australia/NZ

7 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,485 Listeners

The Dairy Edge by Teagasc

The Dairy Edge

7 Listeners

ABC News Daily by ABC

ABC News Daily

134 Listeners

Talking Dairy by DairyNZ

Talking Dairy

1 Listeners

DairyPod by Dairy Australia

DairyPod

1 Listeners

The Imperfects by Hugh van Cuylenburg, Ryan Shelton & Josh van Cuylenburg

The Imperfects

404 Listeners

Progressive Dairy Podcast by Progressive Dairy editors

Progressive Dairy Podcast

18 Listeners

Dairy Science Digest by reaganbluel

Dairy Science Digest

9 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

31 Listeners

Straight Talk with Mark Bouris by Mentored.com.au

Straight Talk with Mark Bouris

189 Listeners

The Dairy Podcast Show by Wisenetix

The Dairy Podcast Show

9 Listeners