Hear it from the expert. Pita Alexander has specialised in agribusiness accounting for more than 50 years. He's keen to share his knowledge on all matters from taxation to succession planning through to acquisitions, mergers and economic growth.
Last week I referred to loss making farming businesses and the human characteristics leading to these losses.
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There are a number of tax issues arising with direct impact on the rural sector.
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Years ago there was a well known discussion between a young journalist with an older farmer who had just won Lotto.
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The very first farmer I worked for many years ago introduced me to a local farm machinery agent who had come down the farm drive.
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We once made a presentation to a large group of farming couples. After the address the group broke up into about 10 groups of 12 people each with a chairman or woman.
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So farming is getting harder and life and business is getting more complicated.
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