Publication
Guidance for Farmers on Succession Farm Partnerships
From Department of Agriculture, Food and the Marine
Published on
Last updated on
Succession farm partnerships are an income tax incentive to encourage farmers to transfer the farm business to their identified farming successor or successors. Existing partnerships that are registered with the Department can transfer to the succession farm partnership register by fulfilling the additional criteria required by the incentive.
This document provides guidance on the conditions of the scheme and a specimen succession agreement.
