The primary sector remains the single largest industry and earner for New Zealand. Taxation plays a major part in what are becoming increasingly complex businesses. This seminar will assist participants in understanding
the current tax issues facing the primary sector.

The focus of the seminar is on using case studies to highlight the issues that arise in primary sector businesses, and working through the options available to mitigate the taxation consequences arising.

The seminar presenters are experienced rural tax practitioners who have drawn from real life situations as inspiration for the case studies making up the seminar.

The seminar will be presented in a Q&A style where the presenters will work through the case studies which highlight the issues and practical solutions to those issues.

The comprehensive course book will contain the “model answers” for the case studies as well as commentary and legislative references. The course book is designed to be a future reference for attendees.

The seminar will focus on topical issues in the primary sector, including the following:

• Taxation of farm land sales – application of the land tax rules throwing
  up interesting tax outcomes, particularly in relation to re-zoning.
• GST and farm transactions – issues with zero-rating.
• Farm workers – allowances, accommodation and the minimum wage –
  PAYE & FBT issues
• Environmental and sustainability expenditure – tax deductibility
• Land improvements – entitlement to deductions
• Farmhouse deductions – common issues with Type 1/Type 2 distinction
• Farming limited partnerships and other common structures – changing
  interests and tax consequences

Suited to:

The course will be suited to all accountants and lawyers who provide advice to clients operating in the primary sector. A degree of base knowledge is assumed, however there will be sufficient discussion to enable more junior staff members to understand the material.

CPD Hours:

3

Presenters:

Tony Marshall, Partner, Crowe Horwath

Tony is a Taxation Partner with Crowe Horwath based in Dunedin. With over 17 years’ experience in providing specialist taxation and agribusiness advice, Tony is well versed in all areas of taxation and has a particular interest in the rural sector. Tony has presented a number of face-to-face seminars and webinars for TEO, CA ANZ and CCH Business Fitness, including seminar series on rural tax issues, livestock valuation, land transactions and associated persons. Tony is an author of the 2nd Edition of the CCH Tax Guide to Farming, Forestry and Fishing and is the author of 6 chapters of New Zealand Taxation, a tax guide published annually by Thomson Reuters. Tony is also a regular commentator on radio and in print around New Zealand on agribusiness tax issues.

Angela Hodges, Associate Partner, Crowe Horwath

Angela is an Associate Partner with Crowe Horwath in the Waikato. She has over 11 years’ experience in providing specialist taxation advice and has extensive experience advising agribusiness clients in regard to structuring, land transactions, cross border investments and GST. Angela is an experienced presenter with TEO Training.