The Government intends to introduce legislation to ensure that farmers whose herds were culled in response to the Mycoplasma eradication programme will not face an undue tax burden.
The proposed changes will be included in a future tax bill and would apply from the 2018 income year, as culls began in late 2017. As the proposals have not yet been through the Parliamentary process, they are subject to change.
For more information see the Minister of Revenue's media statement and fact sheet.