This determination may be cited as "The National Average Market Values of Specified Livestock Determination, 2004".
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 2003-2004 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 2003-2004 income year are as set out in the following table.
Table
National Average Market Values of Specified Livestock
Type ofLivestock Classes of Livestock Average Market Value per Head$
Sheep Ewe hoggets 66.00
Ram and wether hoggets 59.00
Two-tooth ewes 98.00
Mixed-age ewes (rising three-year and four-year ewes) 85.00
Rising five-year and older ewes 68.00
Mixed-age wethers 46.00
Breeding rams 149.00
Beef cattle Beef breeds and beef crosses:
Rising one-year heifers 353.00
Rising two-year heifers 548.00
Mixed-age cows 624.00
Rising one-year steers and bulls 433.00
Rising two-year steers and bulls 621.00
Rising three-year and older steers and bulls 777.00
Breeding bulls 1,404.00
Dairy cattle Friesian and related breeds:
Rising one-year heifers 529.00
Rising two-year heifers 732.00
Mixed-age cows 817.00
Rising one-year steers and bulls 332.00
Rising two-year steers and bulls 512.00
Rising three-year and older steers and bulls 678.00
Breeding bulls 895.00
Jersey and other dairy cattle:
Rising one-year heifers 364.00
Rising two-year heifers 647.00
Mixed-age cows 766.00
Rising one-year steers and bulls 271.00
Rising two-year and older steers and bulls 422.00
Breeding bulls 718.00
Deer Red deer:
Rising one-year hinds 82.00
Rising two-year hinds 194.00
Mixed-age hinds 222.00
Rising one-year stags 110.00
Rising two-year and older stags (non-breeding) 213.00