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Question 6 Oreof 1 posts Rod carries on a retail business and is an SBE taxpayer. He was entitled to use the SBE trading stock
Question 6 Oreof 1 posts Rod carries on a retail business and is an SBE taxpayer. He was entitled to use the SBE trading stock concessions from 1 July 2019 when the opening value of his trading stock was $10,000. He made estimates of his trading stock at 30 June 2020 of 511,000, at 30 June 2021 of $15,000, at 30 June 2022 of $13,000 and ot 30 June 2023 of 14.000 sol In which year will he need to account for the changes in the value of trading stock as an 5 taxpayer? O 2020 O 2021 O 2022 O 2023 O No adjustment necessary
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