Government announcement on farm income protection insurance likely

INDUSTRY is awash with speculation a tax incentive mechanism for farm income protection will be released at the Prime Minister’s drought summit in Canberra tomorrow (Friday, October 26)

Several sources told Fairfax Agricultural Media government is considering a 150 per cent refundable tax offset for income protection / multi peril crop insurance (MPCI) products.

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Publication: The Land

Date: 25 October 2018

By Mick Foley and Gregor Heard