Am I Eligible For This Offer?
What is a Fodder Storage Asset?
A fodder storage asset is a structure or improvement primarily designed for storing fodder, which includes grain, hay, silage, liquid feed, supplements, or any other livestock feed. This can include newly built structures, repairs of a capital nature, or modifications such as extensions or upgrades to existing storage facilities.
How can I claim a deduction?
How you can claim a deduction for a capital expense on a fodder storage asset depends on when the expense was incurred:
If the expense was incurred on or after 19 August 2018, you can immediately deduct the cost in the income year you incurred it.
If the expense was incurred before 19 August, but the asset was first used or installed ready for use on or after 19 August 2018, you can immediately deduct the cost in the income year you incurred it. If you already claimed a partial deduction in a previous income year but the asset was not first used or installed ready for use until on or after 19 August 2018, you will need to amend the previous year’s tax return to claim a deduction for the full amount in the year you incurred the expense.
For more information, visit https://www.ato.gov.au/businesses-and-organisations/income-deductions-and-concessions/primary-producers/in-detail/capital-expenditure/fencing-and-fodder-storage-assets
Wheatbelt Steel Fodder Sheds
Keep Your Organic Animal Feed Safe From the Elements
Exposure to rain, wind, and excessive heat can lead to significant hay and feed losses. Moisture intrusion causes mould growth, while exposure to sunlight degrades the nutritional value of stored feed. A well-ventilated and weather-resistant Wheatbelt Steel fodder shed ensures that your livestock always has access to high-quality feed.
Made in Australia with Australian Structural Steel
Every Wheatbelt Steel fodder shed is built using high-quality Australian structural steel, ensuring durability and resistance to corrosion. Custom designs cater to specific farm requirements, with features like cantilever canopies, skylights, ventilation systems, and easy access points.
Trusted Shed Experts for Over 40 Years
For over four decades, Wheatbelt Steel has been at the forefront of agricultural shed design and construction. Our experienced team provides expert advice, custom solutions, and professional service to ensure farmers get the best value for their investment.
