The Rural Voice, 1989-12, Page 131989 Ontario Farm Tax
Rebate Program
FACTS ABOUT THE
1989 FARM TAX
REBATE PROGRAM
• Ontario farmers will receive some
$ 140 million in farm tax rebates in
1989.
• Some changes have been
incorporated into this year's
program. The changes to the
program apply for 1989 only. A
steering committee is advising
the ministry on the future direction
of the program.
• The 1989 Ontario Farm Tax Rebate
Program changes will eliminate
benefits to non -farmers and reduce
or eliminate benefits to property
owners with significant off -farm
income.
• The 1989 progam provides 100 per
cent rebates if you farm your own
land, are sole owner on title and
make less than S40,000 from
sources other than farming, This
level is increased to $60,000 where
there are two or more owners
on title.
• Reduced benefits are available if
you make from $40,000 to S60,000
from sources other than farming.
This level is increased to S80,000
where there are two or more
owners on title.
• Custom work is not counted as
off -farm income if it is part of your
farm business.
• If you are a retired farmer, the
spouse of a deceased farmer, or if
you have reduced production
because of illness or age, you are
exempted from the requirement
to farm your properly personally.
• Sharecropping arrangements
qualify for rebates.
FOR MORE INFORMATION
CALL 416-326-9900
Ontario
Ministry of
Agriculture
and Food
David Ramsay, Minister
DECEMBER 1989 11