tax accounting, legal and economic risks for south australian farmers

Empowering South Australian farmers to navigate the complex business world.

The South Australian agribusiness sector is thriving. Responsible for producing approx. 45% of the state’s exports ($4.8 billion) across the world every year, several sectors including grain, food and wine production engage more than 18% of the state’s workforce.

It is vital that SA farmers have the necessary tools and insights to conquer the ever-changing and complex world of business.

Run by Director of RSM Australia in Adelaide, Brad Loftus, the Future Focused Farmer Series is a three-part webinar series that explores the tax accounting, legal and economic factors impacting SA’s agribusiness sector to support you through the challenges and opportunities that impact your business.

WEBINAR 1 
TAX PLANNING TIPS AND TRAPS FOR FY 2021
DON'T GET CAUGHT OUT!

Wednesday, 28 April 2021

What was covered?

  • Instant Asset Write Off (IAWO)
  • FMD strategies
  • Primary production concessions
  • Structuring
  • Forward planning
  • Other opportunities

WEBINAR 2
TAKING FARMING BOOKKEEPING INTO THE FUTURE

Wednesday, 26 May 2021

What was covered?

  • How to use Xero in your farming business
  • Paperless office strategies through best use of Xero and its features
  • Payroll
  • Figured budgeting and forecasting using real-time information
  • What happens with your historical data
  • Integration with other software
  • Subscription pricing model

WEBINAR 3
SUCCESSION PLANNING - TAX AND PRACTICAL CONSIDERATIONS

Wednesday, 23 June 2021

What was covered?

  • Restructure of asset holdings
  • Avoiding unnecessary tax in the future
  • Facing challenges practically
  • Retirement planning & off-farm assets

Meet the presenter

Brad Loftus | Director, RSM Australia

With over 20 years’ experience in the accounting industry, Brad can adhere to all business needs, from the commencement of business through to retirement. Brad assists clients across all market sectors with a focus on childcare and agribusiness. By analysing their current structures, Brad is able to find unique solutions that complement the client’s business. Find out more >>