2017 Herd Scheme values
Inland Revenue released the determination of national average market values (NAMVs) of livestock for 2017 on 19 May. The annually-updated NAMVs are used by taxpayers who have elected to value livestock under the herd scheme to value their livestock on hand for that income year.
The NAMVs for the following classes of livestock for the 2016/2017 income year are:
| Type of livestock |
Average Market Value per Head |
|
Classes of livestock |
$ |
|
|
|
|
| Sheep |
2016/2017 |
2015/2016 |
|
Ewe hoggets |
109.00
|
92.00 |
|
Ram and wether hoggets |
103.00
|
84.00 |
|
Two-tooth ewes |
150.00
|
133.00 |
|
Mixed-age ewes (rising 3-yr and 4-yr old ewes) |
131.00
|
117.00 |
|
Rising five-year and older ewes |
110.00
|
96.00 |
|
Mixed age wethers |
86.00
|
68.00 |
|
Breeding rams |
349.00
|
304.00 |
|
|
|
|
| Beef cattle |
2016/2017 |
2015/2016 |
| Beef breeds and beef crosses |
|
Rising one-year heifers |
824.00
|
726.00 |
|
Rising two-year heifers |
1,171.00
|
1,079.00 |
|
Mixed-age cows |
1,431.00
|
1,273.00 |
|
Rising one-year steers and bulls |
986.00
|
842.00 |
|
Rising two-year steers and bulls |
1,325.00
|
1,229.00 |
|
Rising three-year and older steers and bulls |
1,614.00
|
1,468.00 |
|
Breeding bulls |
3,095.00
|
2,571.00 |
|
|
|
|
| Dairy cattle |
2016/2017 |
2015/2016 |
| Friesian and related breeds, Jersey and other dairy breeds |
|
Rising one-year heifers |
819.00
|
530.00 |
|
Rising two-year heifers |
1,421.00
|
1,077.00 |
|
Mixed-age cows |
1,649.00
|
1,356.00 |
|
Rising one-year steers and bulls |
713.00
|
615.00 |
|
Rising two-year steers and bulls |
1,091.00
|
1,003.00 |
|
Rising three-year and older steers and bulls |
1,356.00
|
1,295.00 |
|
Breeding bulls |
1,887.00
|
1,607.00 |
|
|
|
|
| Deer |
2016/2017 |
2015/2016 |
| Red deer, wapiti, elk and related crossbreeds |
|
Rising one-year hinds |
303.00
|
223.00 |
|
Rising two-year hinds |
473.00
|
397.00 |
|
Mixed-age hinds |
526.00
|
438.00 |
|
Rising one-year stags |
343.00
|
263.00 |
|
Rising two-year and older stags (non-breeding) |
595.00
|
543.00 |
|
Breeding stags |
1,861.00
|
1,775.00 |
|
|
|
|
| Deer |
2016/2017 |
2015/2016 |
| Other breeds |
|
Rising one-year hinds |
200.00
|
101.00 |
|
Rising two-year hinds |
331.00
|
175.00 |
|
Mixed-age hinds |
375.00
|
232.00 |
|
Rising one-year stags |
262.00
|
119.00 |
|
Rising two-year and older stags (non-breeding) |
425.00
|
218.00 |
|
Breeding stags |
708.00
|
409.00 |
If you require the 2016/2017 NAMVs 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
2015/2016
2016/2017
|
