Farm Sales 2025 – Income Tax and GST Consequences

Description

Join us as we unravel the complexities of Income Tax and GST when selling or purchasing a farm.

In this webinar we will be working through the Income Tax and GST issues to think about when your clients are looking at selling or purchasing a farm, or part of a farm.

Specifically, we will be covering the following topics:

• Purchase Price Allocation.
• GST treatment of the sale including how to deal with the farmhouse.
• Contemporaneous agreements for farmland and other assets.
• Purchase of lifestyle blocks.

The webinar assumes a reasonable level of familiarity with farm accounting and taxation issues and will be practically focused.

LEARNING OUTCOMES

Attendees will remain current on tax and business law issues affecting their clients operating in the rural sector. 

SUITED TO

Accountants, lawyers, and other professionals advising clients in the rural sector. 

PRESENTER

Tony Marshall, Principal, CEG limited

Tony is one of New Zealand’s leading rural tax advisors with over 20 years’ experience in advising rural businesses. Tony is deputy chair of the CAANZ Rural Sector Committee providing advocacy and support to practitioners advising primary sector clients. Tony works directly with primary sector businesses and has a close understanding of the day-to-day tax issues impacting rural New Zealand.