Prepay your agricultural purchases and be rewarded. Our Pre-Payment Program helps primary producers manage tax obligations while earning generous monthly rewards.
How it works
To help manage your cash flow, our Pre-Payment Program allows you to prepay for your agricultural products and supplies. You'll receive a monthly reward on your unused prepayment balance, credited to your account. Plus, you could be eligible for immediate tax deductions this financial year.*
Features and Benefits
Competitive Reward Rate
Earn a generous reward rate on the unused amount of your prepayment (calculated monthly and paid directly to your account). The 2025 reward rate will be announced shortly.
Tax Advantages*
Primary producers with turnover up to $50 million can claim upfront tax deductions in the 2025 tax year for funds deposited before June 30, 2025.
Improve Cashflow
Take advantage of a positive cash flow position. Make the most of your funds by prepaying before the end of the financial year.
Access AMPS' Full Product Range
Use your prepaid funds to purchase from our complete range of agricultural products and supplies whenever you need them over the next 12 months.
Things You Should Know
- No fees are charged on this account
- All prepaid funds must be used within 12 months of the prepayment date
- Once a deposit has been made, it cannot be withdrawn under any circumstances (ATO requirement)
- The reward amount is applied to your account monthly
- Minimum prepayment of $10,000 required
- AMPS is a registered participant under ATO Product Ruling 2024/19 confirming tax deductibility under specific conditions*
- We recommend you seek your own independent financial advice
Sign Up Today
- Complete the Pre-Payment Application Form and submit it to your local branch manager.
- Minimum prepayment: $10,000
- Don't worry, you don't have to decide right away what products you'll purchase with the funds.
Download the Application Form →
"The AMPS Pre-Payment Program has been instrumental in our operation. It helps with budgeting for the next season because we know we've got our inputs secured. The tax benefits are significant, but it's the peace of mind knowing our supply chain is secured that really makes the difference."
Need to Know More?
If you have any questions, contact your local branch manager or complete our enquiry form. Our Financial Services team will get back to you promptly.
*Disclaimer: Tax deductibility is subject to meeting specific conditions as outlined in ATO Product Ruling 2024/19. This material has been prepared for informational purposes only. You should consult your tax, legal and accounting advisors before engaging in any transaction. Full terms and conditions are contained on the Pre-Payment Application Form
Product Ruling 2024/19 is only a ruling on the application of Taxation Law and is only binding on the ATO if the AMPS Pre-Payment Program is implemented in the specific manner outlined in the Product Ruling. The Commissioner of Taxation (Commissioner) does not sanction, endorse or guarantee this product. Further, the Commissioner gives no assurance that the product is commercially viable, that charges are reasonable, appropriate or represent industry norms, or that projected returns will be achieved or are reasonably based. Potential participants must form their own view about the commercial and financial viability of the product. The Commissioner recommends you consult an independent financial (or other) adviser for such information.
