Further to the recent Duties Act Changes the Queensland Government has recently announced that there are grants available to eligible primary producers when they seek expert professional advice. The Farm Management Scheme provides rebates of up to 50 per cent of the cost of professional advice received in relation to succession planning and the intergenerational […] Read More.
Recent changes to the Duties Act in Queensland following the State budget make it much easier for farming families to transfer farmlands and farm business assets to other family members. Generally when property is transferred, stamp duty (transfer duty) is payable on the value of those assets. An exemption from duty has been available when […] Read More.