Exceptional Circumstances Exit PackageThe Exceptional Circumstances (EC) Exit Package is available to eligible farmers who have decided to leave the land. The EC Exit Package includes an:
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What is the Exceptional Circumstances Exit Package?The EC Exit Package is available to farmers in severe financial difficulty and who have decided to leave the land. The package consists of the following components:
Please Note: As a farmer, you must be considered eligible for the EC Exit Grant before you can apply for the EC Advice and Re-training Grant and the EC Relocation Grant. [ return to top ] What is the Exceptional Circumstances Exit Grant?The EC Exit Grant offers a one-off, taxable payment of up to $150 000 for those farmers within an EC declared area (including prima facie and interim declared areas) who sell their farm enterprise and lodge an EC Exit Grant application between 25 September 2007 and 30 June 2009. [ return to top ] Who can access the Exceptional Circumstances Exit Grant?To be eligible for the EC Exit Grant you must:
Please Note: If you are intending to sell, or considering selling your farm, you can use the Exceptional Circumstances Exit Grant Claim Form to test your potential eligibility for this payment. [ return to top ] How do you qualify for the Exceptional Circumstances Exit Grant?To qualify for the EC Exit Grant you must be a farmer and satisfy the following criteria:
Please Note: If you already receive EC Relief Payments then you have met the farmer eligibility requirements. [ return to top ] How much is the Exceptional Circumstances Exit Grant?A maximum amount of $150 000 is available for the EC Exit Grant. This applies if your net assets are less than $350 000. For every $3.00 in assets above $350 000, the EC Exit Grant reduces by $2.00. This means that you can receive a reduced grant if you have net assets up to $575 000. Please Note:The EC Exit Grant is taxable and you should seek the advice of a financial advisor regarding possible taxation liabilities. As the grant is taxable, you will need to update your income estimates for the Family Tax Benefit. [ return to top ] How do I claim the Exceptional Circumstances Exit Grant?You will need to complete the Exceptional Circumstances Exit Grant Claim Form and lodge it with Centrelink by 30 June 2009. You can download the claim form from our website, phone the Drought Assistance Line on 13 2316 , the Murray-Darling Basin Assistance and Referral Line on FreeCALL™1800 050 015 or the Farmer Assistance Line on FreeCALL™1800 050 585, or visit your nearest Centrelink Customer Service Centre. [ return to top ] What is the Exceptional Circumstances Advice and Re-training Grant?The EC Advice and Re-training Grant allows farmers and their partners who have successfully applied for the EC Exit Grant to access professional advice and re-training up to $10 000. This will assist farmers in preparing for the successful transition away from farming. To be eligible for the EC Advice and Re-training Grant, you must:
[ return to top ] What is the Exceptional Circumstances Relocation Grant?The EC Relocation Grant of up to $10 000 (GST inclusive) is available to those farmers who have successfully applied for the EC Exit Grant and are relocating to pursue continued employment prospects. This grant aims to assist farm families in EC declared areas to access job seeking and relocation assistance. It assists farmers accessing the EC Exit Grant to move from farming to other careers. [ return to top ] How do I find out more?
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