Income Tax Act 2007

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

You could also call this:

"Livestock costs for tax purposes"

The Income Tax Act 2007 has a schedule about livestock. You need to know the national standard costs for some types of livestock. These costs are for things like breeding, rearing, and growing animals. You can find the costs for different types of livestock, such as beef cattle, dairy cattle, and deer. The costs are also different depending on the age of the animals. For example, the costs for rising 1 year beef cattle are for breeding, rearing, and growing. The schedule is empowered by sections ss EC 23 and EC 24 of the Act. This means that these sections give the power to create the schedule. The schedule has a table that lists the different types of livestock and the costs that need to be declared.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

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

This page was last updated on 29 January 2026 — View changes

Topics:

Money and consumer rights > TaxesEnvironment and resources > Farming and fishing

Schedule 17: Types and classes of livestock, or

"Livestock types and classes, like cows, sheep, and pigs, are listed here."

Schedule 18B: Premier yearling sales, or

"Premier yearling sales: a list of top horse sales in New Zealand"

18Categories of livestock for which national standard costs to be declared Empowered by ss EC 23, EC 24

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