IRD Herd Scheme Announcement

At 3pm 28th March,  we received an urgent email from the tax policy division of the Inland Revenue Department.  The heading of this email “Revenue Minister Peter Dunne and Finance Minister Bill English.

This announced that elections to use the herd scheme will be made irrevocable from 18 August 2011, the date on which the officials’ issues paper “Herd scheme elections’ was released.”

This means any elections we have made in the last week since you have received our livestock election letter will now not be effective and you will remain on Herd Scheme.

For your information, the Inland Revenue policy division release is attached... more


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