Notice for Grain Purchasers: Rate change for Primary Industry Funding Scheme
Clear here to download the Special Circular advising of a new rate for deductions for the Grain Industry Fund established by the Primary Industry Funding Scheme (Grain Industry Fund) Regulations 2012.
All grain purchasers will need to apply the new rate for deduction of $0.31 per tonne for this fund, commencing for all South Australian grain purchased on or after 1 July 2021.
This email is provided to Associations and other non-trading entities for information to note and circulate on through your networks as appropriate. There is a possibility that our system has not captured all grain purchasers buying SA grain so forwarding through networks will hopefully widen the reach as widely as possible.
NOTE: There is no change to the deduction rate for the Grain Industry Research and Development Fund established by the Primary Industry Funding Scheme (Grain Industry Research and Development Fund) Regulations 2013.
The Department for Primary Industries and Regions (PIRSA) website page for the grain industry funds has been updated with this information, with updated remittance forms coming soon. See Grain Industry Funds - PIRSA.