GFM Network News

Deferred cash tickets help farmers smooth their annual farm income by allowing them to defer a portion of commodity sales to be taxed in the following year.

Feds backpedal on plans to scrap cash ticket deferral system

The federal government has changed its tune on cash ticket deferrals

Reading Time: 4 minutes Dean Gallimore breathed a big sigh of relief when he learned that the federal government had scrapped its plans to eliminate the cash ticket deferral system. “This is a relief in a big way,” said the chartered accountant. “I was very concerned that they were going to scrap the system. Farmers could deal with that, […] Read more