Farm Management Deposit (FMD) — ATO scheme
Form number: FMD deposit form (lodged with FMD-registered ADI)
A Farm Management Deposit (FMD) lets primary producers set aside up to $800,000 of pre-tax income in a high-good year and draw it down (and pay tax on it) in a low-income year. It is the single most powerful federal income-smoothing tool for Australian farmers and is administered by the ATO but held with banks (CBA, NAB, ANZ, Westpac, Rural Bank, etc.).
Official source
ato.gov.auRelated topics
farm management depositfmdato farm schemeprimary producer income smoothingfarm tax deferralfarm income smoothingdrought relief taxfarming tax deductionagricultural income deferralprimary producer tax breakfarm savings accountato farm supportrural income averagingfarming cash flow helpagricultural tax planninggrantsfundingbusiness grant
Related forms
- Farm Household Allowance (FHA) — Services AustraliaSA452 (Farm Household Allowance claim)
- Regional Investment Corporation (RIC) Drought LoanRIC Drought Loan application
- RIC Farm Investment LoanRIC Farm Investment Loan application
- RIC AgriStarter Loan (next-generation farmers)RIC AgriStarter Loan application
- RIC Drought Loan — Refinance / Concessional Refinance pathwayRIC Drought Loan (refinance use case)
FormFinder is not affiliated with any Australian government body. Always verify details on official websites. Not legal advice.
Get this form in FormFinder
Download the app to search, save, and get reminders for this form.
Get early access