Latest at Whites Rural

 

Tax Breaks for Stockpost

$20,000 tax break for farm fencing extended 

 

The federal government has retained it’s popular $20,000 tax break for farm fencing recognising how critical this infrastructure is to business success.
“Good fencing is an essential part of farm operation that allows farmers to optimise their operations by keeping out feral pests, protecting livestock or crops, helping with biosecurity management and keeping property up to a saleable standard”, said Matthew Stinson, National Sales Manager, Whites Rural.
The tax break means farmers can claim fence investment costs again this year instead of scheduling depreciation over 30 years, making it easier for farmers to keep their fencing in good condition or add new fencing.
Stockpost has also played its part in making quality fencing affordable for Australian farmers since 2012.
“The market response to Stockpost has been incredible with over ten million Stockposts in service, giving peace of mind to Australian farmers today,” Mr Stinson said.
Stockpost is made for Australian conditions and manufactured with exacting quality processes for strength and consistency.
“Stockpost fence posts are exclusively made in our purpose-built factory making it a post like no other. Think twice about the posts you buy and don’t accept substitutes,” Mr Stinson added.
The Australian-designed Ute Pack featuring no tie wires for faster fencing is an industry first developed for Stockpost by Whites Rural. The Stockpost family of products include the big XL post and End Assemblies. Coupled with their wire fencing range and gates, there’s a Whites Rural product for every part of your fence.
According to Mr Stinson, investing in key infrastructure such as fencing is a good strategy, although not always a priority for farmers in difficult seasons.
“At Whites Rural we are committed to making quality fencing affordable for Australian farmers. We’re pleased to see the continuation of the tax breaks which will go a long way to helping.”