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188.8.131.52 Notional Ordinary Income - Net Value of a Farm
Net value of a person's farm
The net value of a person's farm is the value of:
the farm, PLUS
the land, improvements, livestock plant and machinery, MINUS
Policy reference: SS Guide 4.1 Deprivation of income & assets, 184.108.40.206 Encumbrances & loans against assets, 4.7 Business Structures, Primary Production & pre-01/01/2002 Assessment of Trusts & Private Companies
The Department of Social Services acknowledges the traditional country throughout Australia on which we gather, live, work and stand. We acknowledge all traditional custodians, their Elders past, present and emerging and we pay our respects to their continuing connection to their culture, community, land, sea and rivers.