2018 National Standard Costs for Specified Livestock Determination

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

Inland Revenue released the determination of national standard costs (NSCs) of livestock for 2018 on 1 February. The annually-updated NSCs are used by taxpayers who have elected to value livestock under the national standard cost scheme to value their livestock on hand for that income year.

The NSCs for the following classes of livestock for the 2017/2018 income year are:

Type of livestock National Standard Cost
Category of livestock $
Sheep 2017/2018 2016/2017
Rising 1 year 34.60 32.20
Rising 2 year 24.10 22.70
Beef cattle 2017/2018 2016/2017
Rising 1 year 362.50 343.80
Rising 2 year 203.40 190.90
Rising 3 year male non-breeding cattle (all breeds) 203.40 190.90
Dairy cattle 2017/2018 2016/2017
Purchased bobby calves 186.00 143.00
Rising 1 year 437.30 404.10
Rising 2 year 333.30 322.50
Deer 2017/2018 2016/2017
Rising 1 year 95.30 101.20
Rising 2 year 49.30 49.90

If you require the 2017/2018 NSCs for goats or pigs, please e-mail or phone our office.

To download a PDF of the above information, please click here.

Source: www.ird.govt.nz

2016/2017

2017/2018

Meet The Team

Ean Brown
Director/ Chartered Accountant
FIND OUT MORE
Barbara Collinson
Team Manager/ Chartered Accountant
FIND OUT MORE
Andrea Allen
Chartered Accountant
FIND OUT MORE
Flynn O'Meara
Accountant
FIND OUT MORE
Jared Slatter
Chartered Accountant
FIND OUT MORE
Jessie Alison
Chartered Accountant
FIND OUT MORE
Pam Brown
Accounting Technician
FIND OUT MORE
Sally Adams
Chartered Accountant
FIND OUT MORE
Valeria Maw
Chartered Accountant
FIND OUT MORE
Vicki Cozens
Chartered Accountant
FIND OUT MORE
Bonny Rowson
Administration
FIND OUT MORE
Julie Jenkins
Administration
FIND OUT MORE
Renee Marais
Reception
FIND OUT MORE
Sheila Ujdur
Administration
FIND OUT MORE
Meet more of the team

Contact / Connect