39 Purchases and other costs

Show at B the cost of direct materials used for manufacture, sale or exchange in deriving the gross proceeds or earnings of the business.

Former STS taxpayers still using the STS accounting method

If the trust is eligible and has chosen to continue using the STS accounting method, only show at B purchases and other costs which the trust has paid. For more information, see Appendix 13.

Last modified: 31 Aug 2016QC 48243