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NSC 2023
24 Feb 2023

National standard costs for specified livestock determination 2023

2023 determination lists the national standard costs for specified livestock.

Tax Information Bulletin - Vol 35 No 3, April 2023

This determination may be cited as "The National Standard Costs for Specified Livestock Determination 2023".


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 2022-2023 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 2022-2023 income year are as set out in the following table.

Kind of Livestock Category of Livestock National Standard Cost $
Rising 1 year 47.50
Rising 2 year 33.60
Dairy Cattle
Purchased bobby calves 250.30
Rising 1 year 776.80
Rising 2 year 418.80
Beef Cattle
Rising 1 year 495.30
Rising 2 year 284.30
Rising 3 year male non-breeding cattle (all breeds) 284.30
Rising 1 year 158.00
Rising 2 year 79.80
Goats (Meat and Fibre)
Rising 1 year 39.50
Rising 2 year 27.00
Goats (Dairy)
Rising 1 year 258.10
Rising 2 year 49.40
Weaners to 10 weeks of age 128.30
Growing pigs 10 to 17 weeks of age 105.40



This determination is signed by me on the 24th day of February 2023.



Rob Falk

Technical Lead

Technical Standards, Legal Services