New tax benefits for farmers

Recent changes to income tax laws mean that protecting and restoring native plantings around waterways, fencing out stock, and taking steps to mitigate the discharge of contaminants are tax deductable operational expenses. Check with your accountant or see: http://www.legislation.govt.nz/act/public/2007/0097/latest/DLM1523354.html   and   http://legislation.govt.nz/act/public/2007/0097/189.0/DLM1513709.html

Comprehensive information on managing streams and waterways on Canterbury farms is available here.

Looking for funding to assist with these and other biodiversity projects? See our biodiversity funding pages.

 

Photos: Changes to waterways over eight years following fencing and riparian planting (courtesy Environment Canterbury).