Primary production businesses are subject to a range of different variables including seasonal factors, volatile markets, rising input costs, distance and freight concerns, and government regulations to name but a few.
Future cashflow estimates can be difficult to predict. At Higgins Wood & Associates, our team understands this and aims to work with you to achieve the best outcomes. These can also include expansion plans, retirement plans, partnership re-arrangements, family succession, property sales, GST, centrelink applications and QRAA assistance measures when available.
We have a long history of year-end tax planning for all our farming families, so you know what options are available and what needs to be done well before the end of the financial year. Our staff are also experienced in preparing budgets and cashflows for major farm development projects, as well as setting and measuring seasonal budgets against actual results for farm operations. We deal with all the major banks and are attuned to formulating business plans that satisfy lending criteria to suit your cashflow.
Our Toowoomba office is well set up to meet with you on a regular basis to discuss your business needs either in person, via Skype or Zoom.