Livestock NSCs for 2017/2018 have been released by Inland Revenue
12/02/2018 by Ean Brown Partners LimitedIn 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 2017/2018 year were released on 1 February 2018. Click here to see these values, as well as the 2016/2017 year values for comparative purposes.