QLD GOVT. SUCCESSION PLANNING ASSISTANCE

QRIDA New Farm Management Grants

Farm Management Grants are now available to assist eligible Queensland primary producers or their relatives offset the costs of professional advice associated with succession planning.

Costs eligible for the rebate include those for professional advice provided by suitably qualified professionals including for example, accountants, succession advisors or solicitors – view our Frequently Asked Questions ( http://www.qrida.qld.gov.au/current-programs/farm-management-grants/farm-management-grants-faqs ) or guidelines ( http://www.qrida.qld.gov.au/__data/assets/pdf_file/0006/7908/Farm-Management-Grants-Guidelines-01072017.pdf ) for more details.

Rebates of up to 50 per cent of the amount paid for professional advice, to a maximum of $2,500 for each financial year of the scheme, are available. To receive a rebate for a financial year, an application must be received in that year and may include an application made before professional advice is received.

This scheme will close to applications 30 June 2019.

Eligibility

To be eligible for a Farm Management Grant, you must:

• be a primary producer, or a relative of the primary producer for a primary production enterprise
• have paid, or will pay for advice relating to transferring or acquiring an interest in the primary production enterprise from a suitably qualified professional, at or after 23 March 2017

Full eligibility information and terms and conditions can be found in the Farm Management Grant guidelines ( http://www.qrida.qld.gov.au/__data/assets/pdf_file/0006/7908/Farm-Management-Grants-Guidelines-01072017.pdf ).

How to apply:

Applications for Farm Management Grants can be made via our online portal – to apply visit applyonline.qrida.qld.gov.au ( https://applyonline.qraa.qld.gov.au/ ). For further information or assistance with your application, Freecall 1800 623 946 or contact your local Regional Area Manager ( http://www.qraa.qld.gov.au/about-qraa/service-commitment/regional-service ).