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EB 15: Cost for low-turnover traders
or “How low-turnover traders can value their closing stock”
You could also call this:

“How low-turnover traders calculate their trading stock costs”

If you are a low-turnover trader, you need to follow the rules in [section EB 7(1) to (5)]. These rules tell you how to work out the cost of your trading stock. The rules apply to traders who don’t sell a lot of goods in a year. They help you figure out how much your stock is worth for tax purposes.

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Next up: EB 17: Costs: manufactured or produced stock of low-turnover traders

or “How low-turnover traders should value their manufactured stock”
Next

Part E Timing and quantifying rules
Valuation of trading stock (including dealer’s livestock)

EB 16Cost allocation: cost-flow method for low-turnover traders

  1. Section EB 7(1) to (5) applies to a low-turnover trader.

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