Episode 4: Farm Succession & Tax Planning

In this episode of the Future Farming Families Podcast, Chris Mulcahy breaks down how effective tax planning supports successful farm succession. He covers practical end‑of‑year strategies, the role of structures like companies and trusts, and how tools such as FMDs, income averaging, and franking credits can help minimise tax and protect family equity.Chris also explores how upcoming tax changes may impact farming businesses and highlights the importance of aligning tax strategies with long-term succession goals.Ultimately, this episode reinforces that strong, family-led decision-making—supported by the right knowledge—is key to preserving and growing your farm business for future generations.