NATIONAL AVERAGE MARKET VALUES OF SPECIFIED LIVESTOCK DETERMINATION 2002

 

 

Inland Revenue Department have released the following determination for National Average Market Values of Specified Livestock Determination 2003.

This determination is made in terms of section EL 8(1) of the Income Tax Act 1994 and shall apply to specified livestock on hand at the end of the 2002-2003 income year.

For the purposes of section EL 8(1) of the Income Tax Act 1994 the national average market values of specified livestock, for the 2002-2003 income year, are as set out in the following table.

Type of Livestock

Classes of Livestock

Average Market Value per Head

   

$

Sheep Ewe hoggets 62.00
  Ram and wether hoggets 58.00
  Two-tooth ewes 87.00
  Mixed-age ewes (rising three-year and four-year old ewes) 78.00
  Rising five-year and older ewes 61.00
  Mixed-age wethers 45.00
  Breeding rams 142.00
     
Beef cattle Beef breeds and beef crosses:  
  Rising one-year heifers 357.00
  Rising two-year heifers 577.00
  Mixed-age cows 672.00
  Rising one-year steers and bulls 459.00
  Rising two-year steers and bulls 639.00
  Rising three-year and older  steers and bulls 784.00
  Breeding bulls 1524.00
     
Dairy cattle Friesian and related breeds:  
  Rising one-year heifers 359.00
  Rising two-year heifers 678.00
  Mixed-age cows 835.00
  Rising one-year steers and bulls 337.00
  Rising two-year steers and bulls 538.00
  Rising three-year and older  steers and bulls 701.00
  Breeding bulls 960.00
     
  Jersey and other dairy cattle:  
  Rising one-year heifers 305.00
  Rising two-year heifers 605.00
  Mixed-age cows 756.00
  Rising one-year steers and bulls 237.00
  Rising two-year and older steers and bulls 419.00
  Breeding bulls 721.00
     
Deer Red deer:  
  Rising one-year hinds 116.00
  Rising two-year hinds 232.00
  Mixed-age hinds 281.00
  Rising one-year stags 142.00
  Rising two-year and older stags (non-breeding) 256.00
  Breeding stags 1454.00
     
  Wapiti, elk and related crossbreeds:  
  Rising one-year hinds 133.00
  Rising two-year hinds 252.00
  Mixed-age hinds 302.00
  Rising one-year stags 162.00
  Rising two-year and older stags (non-breeding) 281.00
  Breeding stags 1383.00
     
  Other breeds:  
  Rising one-year hinds 51.00
  Rising two-year hinds 78.00
  Mixed-age hinds 99.00
  Rising one-year stags 58.00
  Rising two-year and older stags (non-breeding) 92.00
  Breeding stags 315.00
     
Goats Angora and angora crosses (mohair producing):  
  Rising one-year does 25.00
  Mixed-age does 35.00
  Rising one-year bucks (non-breeding)/ wethers 27.00
  Bucks (non-breeding)/ wethers over one year 28.00
  Breeding bucks 120.00
     
  Other fibre and meat producing goats (Cashmere or Cashgora producing):  
  Rising one-year does 35.00
  Mixed-age does 48.00
  Rising one-year bucks (non-breeding)/ wethers 27.00
  Bucks (non-breeding)/ wethers over one year 29.00
  Breeding bucks 98.00
     
  Milking (dairy) goats:  
  Rising one-year does 85.00
  Does over one year 170.00
  Breeding bucks 130.00
  Other dairy goats 25.00
     
Pigs Breeding sows less than one year of age 188.00
  Breeding sows over one year of age 268.00
  Breeding boars 303.00
  Weaners less than 10 weeks of age (excluding sucklings) 55.00
  Growing pigs 10 to 17 weeks of age (porkers and baconers) 93.00
  Growing pigs over 17 weeks of age (baconers) 153.00

 

   

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