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NSC 2022
28 Feb 2022

National standard costs for specified livestock determination 2022

2022 determination lists the national standard costs for specified livestock.

Tax Information Bulletin - April 2022

This determination may be cited as "The National Standard Costs for Specified Livestock Determination 2022".

This determination is made in terms of section EC 23 of the Income Tax Act 2007. It shall apply to any specified livestock on hand at the end of the 2021-2022 income year where the taxpayer has elected to value that livestock under the national standard cost scheme for that income year.

For the purposes of section EC 23 of the Income Tax Act 2007 the national standard costs for specified livestock for the 2021-2022 income year are as set out in the following table.

Kind of Livestock Category of Livestock National Standard Cost $
Rising 1 year 38.00
Rising 2 year 27.00
Dairy Cattle
Purchased bobby calves 210.40
Rising 1 year 512.80
Rising 2 year 346.50
Beef Cattle
Rising 1 year 398.10
Rising 2 year 228.10
Rising 3 year male non-breeding cattle (all breeds) 228.10
Rising 1 year 135.20
Rising 2 year 68.90
Goats (Meat and Fibre)
Rising 1 year 31.70
Rising 2 year 21.70
Goats (Dairy)
Rising 1 year 287.80
Rising 2 year 49.90
Weaners to 10 weeks of age 113.20
Growing pigs 10 to 17 weeks of age 94.40


This determination is signed by me on the 28th day of February 2022.

Rob Falk
Technical Lead, Technical Standards, Legal Services