This determination may be cited as “The National Average Market Values of Specified Livestock Determination, 2005”.
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 2004-2005 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 2004-2005 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 72.00
Ram and wether hoggets 66.00
Two-tooth ewes 113.00
Mixed-age ewes (rising three-year and four-year old ewes) 98.00
Rising five-year and older ewes 79.00
Mixed-age wethers 50.00
Breeding rams 176.00
Beef cattle Beef breeds and beef crosses:
Rising one-year heifers 399.00
Rising two-year heifers 587.00
Mixed-age cows 708.00
Rising one-year steers and bulls 494.00
Rising two-year steers and bulls 697.00
Rising three-year and older steers and bulls 846.00
Breeding bulls 1705.00
Dairy cattle Friesian and related breeds:
Rising one-year heifers 505.00
Rising two-year heifers 906.00
Mixed-age cows 1071.00
Rising one-year steers and bulls 398.00
Rising two-year steers and bulls 615.00
Rising three-year and older steers and bulls 784.00
Breeding bulls 1239.00
Jersey and other dairy cattle:
Rising one-year heifers 434.00
Rising two-year heifers 826.00
Mixed-age cows 1016.00
Rising one-year steers and bulls 294.00
Rising two-year and older steers and bulls 498.00
Breeding bulls 1011.00
Deer Red deer:
Rising one-year hinds 75.00
Rising two-year hinds 160.00
Mixed-age hinds 181.00
Rising one-year stags 97.00