Blog Post

The Business of Beef: Can wealth creation be tax deductible?

 

“The Business of Beef ” is a regular series produced by the Bush Agribusiness team for Beef Central readers. 

 

 

 

AS we approach the end of the financial year, many businesses in the beef industry will be rounding out a year of good profits, off the back of a strong cattle market and improved seasons in many areas. As a result of higher profits, a tax payable bill can often be around the corner, sometimes bringing with it the temptation to reduce the looming tax bill – perhaps dangerously at the expense of business performance.

Tim Carter

A widespread aversion to paying…

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