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  • Natural increase



    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    Natural increases in stock during the year can be valued at cost, market selling value or replacement value.

    Cost is whichever of the following you elect:

    • actual cost of the animal or
    • the cost prescribed by the regulations: (cattle, horses and deer $20; pigs $12; emus $8; goats and sheep $4; poultry 35 cents).

    If your business involves breeding exotic animals-for example, ostriches or alpacas-ring the ATO to confirm the appropriate cost. You must value a horse acquired by natural increase and included in livestock on hand at a cost price not less than the insemination service fees attributable to acquiring the horse.

    Last modified: 28 Oct 2003QC 27383