The NAIT scheme is funded by Government and through levies:
- 35% of NAIT's ongoing costs are met by the government.
- 65% of NAIT's ongoing costs are recovered through tag and slaughter levies.
Government met the capital expenditure of building the NAIT system and NAIT's shareholders covered the running costs during the development phase.
NAIT's shareholders are DairyNZ, Beef + Lamb NZ and Deer Industry NZ.
Levies were established under the NAIT legislation at the following ratio; Beef 44.5%, Dairy 53.5% and Deer 2%. Cost recovery for deer is through Deer Industry NZ. Their preference was for the deer industry's contribution to be funded by a levy on deer producers at deer slaughter or velvet removal.
The current tag and slaughter levies for cattle are:
- $0.90 per tag excluding GST (is paid at the point of purchase as part of the cost of the tag), and
- $0.50 per animal at slaughter excluding GST (administered by meat processors).
NAIT also has an impractical to tag levy for cattle and deer that are unsafe to tag. This allows these animals to be sent to a meat processor without a NAIT tag. The current impractical to tag levy is $13.00 per head excluding GST.
Cattle tag levy:
$1.10 from 1 July 2012 - 7 March 2013
$0.90 from 8 March 2013
Cattle slaughter levy:
$1.35 from 1 July 2012 - 7 March 2013
$1.00 from 8 March 2013 - 28 February 2014
$0.50 from 1 March 2014
Impractical to tag levy (cattle and deer):
$13.00 from 1 July 2012