Do you know shelterbelt fencing is tax deductible?

December14

Do you know shelterbelt fencing is tax deductible?

Here is a new ATO Factsheet that has been developed by ATO and Basalt to Bay Landcare to remind everyone about the tax deductability of some fencing undertaken for environmental purposes. Did you know if you replace an old shelter belt fence with new materials it is tax deductible. Many of the Rebirding fences are reaching the end of their life now …might be a handy thing to remember. Talk to your accountant about your eligibility for this and other environmentally based deductions.

ATO Factsheet on Shelterbelts

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