Exceptional Circumstances Exit Grant
If you are a farmer, and have owned a farm in an “exceptional circumstances” area for at least five years, and you sell the farm after 25 September 2007, you may be eligible for a one-off lump sum taxable payment of up to $150,000. There is an assets test for this grant.
The Exit Grant is part of a broader Government package which also includes:
- Exceptional Circumstances Advice and Re-training Grant
- Exceptional Circumstances Relocation Grant