Group of black/white cows with green grass in foreground and blue sky in background

In January each year, Inland Revenue release their determination of national standard costs (NSCs) of livestock for the financial year. The NSCs are used by taxpayers who have elected to value livestock using the national standard cost scheme, to value their livestock on hand for that income year.

The NSCs for the 2019/2020 year were released on 29 January 2020.   Click here to see these values, as well as the 2018/2019 year values for comparative purposes.