As End of Financial Year approaches, many growers and producers are looking for practical ways to manage their tax position, without disrupting how their operation runs.
Nutrien PrePay Plus gives you a straightforward way to bring forward eligible spend, which may help reduce your tax*. At the same time, it keeps those funds ready to use on our extensive range of eligible products when you need them.
By lodging funds into your Nutrien PrePay Plus account, you can also earn a 5% p.a. reward on your prepaid balance*, giving you added value.
Getting started is straightforward. Set up your account with a simple one-page agreement, or use the Nutrien Digital Hub to lodge funds directly.
Once your funds are in place, you’ll receive a tax invoice, and your prepaid balance is ready to go when you need it.
For many growers and producers, it’s about removing friction, so you can focus on what’s happening on-farm, not behind a desk. With June 30 approaching, now’s the time to get organised.
Talk to your local Nutrien Ag Solutions branch or learn more today here.
ATO Ruling PR 2024/4 is only a ruling on the application of taxation law as it applies to this PrePay Plus product. The ruling and any taxation outcomes referred to therein is only binding on the ATO if the PrePay Plus product is carried out in the manner outlined in the ruling.
*Terms and conditions apply. Customers should obtain their own independent financial, legal and tax advice before opening a PrePay Plus account. For details visit nutrienagsolutions.com.au/finance/prepay-plus or contact your local Nutrien Ag
Solutions branch today.