{"id":173531,"date":"2017-03-24T19:10:33","date_gmt":"2017-03-24T09:10:33","guid":{"rendered":"http:\/\/southburnett.com.au\/news2\/?p=173531"},"modified":"2020-09-20T16:02:10","modified_gmt":"2020-09-20T06:02:10","slug":"50pc-grant-available-for-succession-planning","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2017\/03\/24\/50pc-grant-available-for-succession-planning\/","title":{"rendered":"50pc Grant Available<BR> For Succession Planning"},"content":{"rendered":"<figure id=\"attachment_104794\" aria-describedby=\"caption-attachment-104794\" style=\"width: 200px\" class=\"wp-caption alignright\"><a href=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2015\/04\/billbyrne1.jpg\"><img loading=\"lazy\" class=\"size-full wp-image-104794\" title=\"Bill Byrne\" src=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2015\/04\/billbyrne1.jpg\" alt=\"\" width=\"200\" height=\"326\" srcset=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2015\/04\/billbyrne1.jpg 200w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2015\/04\/billbyrne1-184x300.jpg 184w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/><\/a><figcaption id=\"caption-attachment-104794\" class=\"wp-caption-text\">Agriculture Minister Bill Byrne<\/figcaption><\/figure>\n<p><strong>March 24, 2017<\/strong><\/p>\n<p>Queensland primary producers now have access to grants of up to $2500 to help tackle family business and succession planning.<\/p>\n<p>Minister for Agriculture Bill Byrne said new Farm Management Grants would help producers access professional advice on these important matters.<\/p>\n<p>&#8220;We know our producers are doing it tough with the continuing drought, and we want to help them plan and succeed for future generations,&#8221; Mr Byrne said.<\/p>\n<p>&#8220;With the Farm Management Grants, producers seeking professional advice in relation to succession planning, or a family member wanting to acquire an interest in the family business, can apply for a rebate of up to 50 per cent of fees paid for the advice, with a maximum of $2500 per applicant, per financial year.<\/p>\n<p>&#8220;Advice must come from a suitably qualified professional adviser such as an accountant, financial planner or solicitor.&#8221;<\/p>\n<p>Eligible applicants who received eligible professional advice can apply for a rebate on fees paid for the service through the QRRA.<\/p>\n<p><strong>The Queensland Government is providing up to $1 million per year over three years for the Farm Management Grants.<\/strong><\/p>\n<p>The grants form part of the State Government\u2019s Rural Assistance Package targeting the issues of rural debt, business risk and succession.<\/p>\n<p>&#8220;A key element of the package is building capacity, and that\u2019s why we\u2019ve already announced the removal of transfer duty on all familial farm transfers,&#8221; Mr Byrne said.<\/p>\n<p>&#8220;This brought Queensland into line with other States and Territories and will make it easier for the next generation to take on the family business.<\/p>\n<p>&#8220;We want to ensure the continued future of our agriculture sector and are doing all we can to assist Queensland producers to manage and succeed into the future.&#8221;<\/p>\n<p>Further information on the Farm Management Grants is available on the <strong><a href=\"http:\/\/www.qraa.qld.gov.au\" target=\"_blank\" rel=\"noopener\">QRRA website<\/a><\/strong> or by freecalling 1800-623-946.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Queensland primary producers now have access to grants of up to $2500 to help tackle family business and succession planning.<\/p>\n","protected":false},"author":3,"featured_media":271846,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3,36],"tags":[1134],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - 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