Income Tax Act 2007

Schedule 18: Categories of livestock for which national standard costs to be declared

You could also call this:

“Types of farm animals and their raising costs at different ages”

This schedule is about different types of farm animals and the costs associated with raising them. It lists several kinds of animals like beef cattle, dairy cattle, deer, goats, pigs, and sheep.

For each type of animal, the schedule shows different age groups. For example, with beef cattle, there are groups for animals that are about 1 year old, 2 years old, and 3 years old. The schedule also mentions what kind of costs are involved in raising these animals at different ages.

The costs are split into three main types: breeding (having baby animals), rearing (taking care of young animals), and growing (helping animals get bigger). For most animals, the costs for the youngest age group include all three types. As the animals get older, the costs usually just cover rearing and growing.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1523352.

Topics:
Environment and resources > Farming and fishing

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Schedule 17: Types and classes of livestock, or

“List of farm animals and their categories for tax purposes”


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Schedule 18B: Premier yearling sales, or

“List of major annual sales for young racehorses in New Zealand”

18Categories of livestock for which national standard costs to be declared

This is a small table having 3 columns. The first row is the headings for the columns. The heading for column 2 has several lines of text. The entries in column 2 are lists of categories, with some categories having more than 1 line of text. The entries in column 3 have a line of text corresponding to each category in column 2.
Column 1 Column 2 Column 3
Types of livestock Categories for which national standard costs to be declared Types of costs to be declared
Beef cattle Rising 1 year Breeding, rearing, and growing
Rising 2 year Rearing and growing
Rising 3 year male non-breeding cattle (all breeds) Rearing and growing
Dairy cattle Purchased bobby calves Rearing and growing
Rising 1 year Breeding, rearing, and growing
Rising 2 year Rearing and growing
Deer Rising 1 year Breeding, rearing, and growing
Rising 2 year Rearing and growing
Goats (dairy) Rising 1 year Breeding, rearing, and growing
Rising 2 year Rearing and growing
Goats (meat and fibre) Rising 1 year Breeding, rearing, and growing
Rising 2 year Rearing and growing
Pigs Weaners to 10 weeks of age Breeding, rearing, and growing
Growing pigs 10 to 17 weeks of age Rearing and growing
Sheep Rising 1 year Breeding, rearing, and growing
Rising 2 year Rearing and growing