Skip to main content
Inland Revenue

Tax Policy

Last updated 18 August 2011
Closing date 31 October 2011

Status Complete

Herd scheme elections

An officials’ issues paper, Herd scheme elections, sought feedback on options for fairer rules covering livestock valuation elections. The current rules appear to be too loose, allowing farmers to switch between valuation methods providing an unfair tax advantage.

Submissions closed on 31 October 2011.

Note: submission date extended from 30 September 2011.