The issue is even more complex when it comes to GST/HST, where the definition of “Sharecropping” is an agricultural production system in which farmland is delivered in the form of a lease, licence or similar agreement to a tenant who exploits the land, in exchange for a portion of the crops grown on the land. Therefore, when land use is supplied against a portion of the crop, the land supply is considered “zero” and GST/HST should not be charged by the landowner. However, if the payment for the use of the land is not a share of the harvest, but a fixed amount in cash, then the delivery of the land to the tenant is GST/HST. A basic policy, under the BB Farm Practices Protection Act, is that farmers have the right to manage in large agricultural areas of the ARCE (particularly in LRA areas), provided that normal agricultural practices are used and that other legal provisions under the law are respected. (Waste Management Act, Pesticide Control Act, Health Act). Is your dream to make a vineyard, an orchard or other agricultural activities? Dear Wood, CPA, CGA has a plethora of knowledge about vineyard management or other agricultural activities in B.C. As a former vineyard owner, Cher knows the day-to-day operation and the challenges of managing her own farms or considering a country lease. If you`re getting married with your vast accounting expertise, it`s a real advantage for your success to have them in your corner. In some cases, farmers are entitled to certain tax reductions and certain tax exemptions under the Vehicle Tax Act for fuel used for machines and registered vehicles. Young farmers facilitate connections, landowners and retired farmers with new and potential farmers, network, learn about leases and land access rules, and hear stories of land games. Country links have been hosted from Vancouver Island to the Kootenays and begin in Alberta. To see our calendar of events, visit our events page! Please note: For the blog posts below, Young Agrarians is only able to check out the opportunities of countries that are participants in the B.C.
Land matching program. Please perform your due diligence and check the landowner or new farmer looking for land to assess whether the opportunity matches your needs and expectations. We recommend you contact firstname.lastname@example.org with questions and see if we can help. (Note, the longer the lease, the more likely it is that a subdivision and zoning obligation will be met and that subdivision authorization is based in part on local zoning laws).) The owner requested that the country be classified; The owner and the taker sign a lease; Leased land contributes adequately to economic development; and – the tenant – the farmer meets the income and turnover requirements. To learn more about transition/inheritance planning and various programs to support the transfer of farms to the next generation of farmers, check out our collection of transition resources from across Canada! The operating regulations require producers to perform minimum gross income controls that vary according to the size of the farm: revenues from a licensing agreement would not be considered farm income, unless they are relatively negligible for other good faith farm income reported for the same parcel or parcel.