Special Edition Webinar: Death of a Farmer - Tax Consequences and Practical Estate Issues
This session focuses on the tax consequences that can arise when a farmer dies, with emphasis on business continuity, estate administration, livestock, land, GST, income tax, and succession planning.
Description
This session focuses on the tax consequences that can arise when a farmer dies, with emphasis on business continuity, estate administration, livestock, land, GST, income tax, and succession planning.
This webinar will give advisers a practical framework for identifying and managing the tax consequences that flow from the death of a farmer. Although New Zealand does not currently impose estate duty or inheritance tax, the death of a farming client can still trigger income tax, GST, livestock valuation, depreciation, estate and compliance issues.
Topics covered in this webinar include:
- The immediate tax filing and administrative steps required after the death of a farming client.
- The rules that apply to livestock, depreciable property, trading stock, and other assets upon death including what relief may be available.
- The GST risks where the farming business continues, is sold, or assets are transferred to beneficiaries or related parties.
- How different structures result in different tax outcomes including issues to watch out for.
CPD Hours and Recordings
1.5 CPD hours
A recording will be sent out to all registrants after the live event
Presenters

Tony Marshall
Principal, CEG
Tony is well known presenter on rural tax issues for over a decade, converting technical concepts into practical presentations using real life examples and experience.
Tony is a member of the Chartered Accountants Australia New Zealand Rural Sector Committee, which advocates for the rural sector on a wide variety of issues on behalf of its members, this ensures that he is up to date and well versed on issues facing rural New Zealand.
Tony is one of the authors of the Farming, Forestry and Fishing Tax Guide published by Wolters Kluwer.