Skip the end-of-year stocktake adjustment if your stock value changed by $5,000 or less.
Who can apply
Small businesses that meet the ATO turnover test and can reasonably estimate that stock on hand changed by no more than $5,000 over the year.
Not sure this fits your business?
This one is claimed through your tax return, so there's no application for us to write. We'll still flag it on your shortlist, alongside the grants we can apply for on your behalf.
Eligibility quick-check
- Business structure: the listed criteria don't require a company. You'll usually need an active ABN, and often GST registration.
- Location: open Australia-wide, including Victoria.
A quick guide from our reading of the official criteria, not a decision. The funder's guidelines are what count.
Get my free shortlistHow to apply for Simplified Trading Stock Rules
- Check the conditions on the official page (turnover, timing and what qualifies).
- Keep the records the ATO or the provider asks for (invoices, dates, how the asset or cost is used).
- Claim it in your tax return or the provider's form. Your tax agent normally does this step.
- Ask your accountant how it interacts with other concessions before you rely on it.
Simplified Trading Stock Rules: common questions
Who can apply for Simplified Trading Stock Rules?
Small businesses that meet the ATO turnover test and can reasonably estimate that stock on hand changed by no more than $5,000 over the year.
How much is Simplified Trading Stock Rules worth?
The option of using simplified trading stock rules at stocktake time.
When does Simplified Trading Stock Rules close?
Closing date not stated. Check the official page for the current round.
Can sole traders apply for Simplified Trading Stock Rules?
The listed criteria don't require a company, so sole traders may be eligible if they meet everything else (for example ABN, location, trading history and industry). Check the guidelines.
Is there an application form?
Usually not. Tax concessions are generally claimed in your tax return or through the provider's own form, so your tax agent is the right person to help.
Related grants
- Hume City Shopfront Improvement Grant Program 2026/27 · Hume City Council · Closes 30 Oct 2026
- Shopfront Business Grants Program 2026-27 · City of Melbourne · Open until 30 June 2027 or until funding runs out
- West Wimmera Shopfront Improvement Grant 2026/27 · West Wimmera Shire Council · Closes 30 Jun 2027 or earlier if the yearly budget runs out
- Bayside Business Accessibility Grants 2026-27 · Bayside City Council · Guidelines say open until June 2027 or until funds run out (the application portal shows 6 Jun 2028)
Guides
- Grant application help: a step-by-step guide
- Help applying for small business grants in Victoria
- Grant writer in Melbourne and Victoria: costs and options
- Grants for sole traders in Victoria