Income tax Dates
As a farmer, you may have culled your herd following a decision by the primary sector and Government to eradicate Mycoplasma bovis. If this caused you to have a high taxable income, you may be able to lessen this impact by either:
- using the income equalisation scheme
- spreading income over more than one tax year.
You'll need to make sure that you meet the criteria for the option you choose.