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EC 2: Valuation of livestock
or “How to value your livestock at the end of each tax year”
You could also call this:

“How to calculate the value of your animals for tax purposes”

You can find out how much different types of animals are worth for tax purposes. The government has set up rules for this.

If you have animals that are on a special list, you can check sections EC 6 to EC 27 to find out how much they’re worth.

For animals that aren’t on that special list, you should look at sections EC 28 to EC 31 to figure out their value.

If you have very expensive animals, there are special rules for them in sections EC 32 to EC 37.

Lastly, if you have racehorses or other types of horses used for breeding, you can find out how much they’re worth by checking sections EC 38 to EC 48.

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Next up: EC 4: Transfers of livestock within wholly-owned groups

or “Rules for transferring livestock between companies owned by the same entity”
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