2008
Takeaway and fast food
Profit Code
2008
Loss Code
2009
Category
20 - Accommodation and Catering
Description
SARS profit code 2008 (loss: 2009) classifies Takeaway and fast food within main category 20 (Accommodation and Catering). This code is used on the ITR14 company income tax return to indicate your business main source of income.
How to Use
When completing the ITR14, enter code 2008 in the profit code field if your business is primarily engaged in takeaway and fast food. If your business made a loss, use code 2009 instead.
Note: The profit code is separate from the 5-digit SIC code also required on the ITR14. See our SARS tax guide for more details.
Other Codes in Category 20
| Code | Description |
|---|---|
| 2002 | Hotels and motels |
| 2004 | Guest houses |
| 2006 | Restaurants |
| 2010 | Catering |
| 2012 | Taverns and licensed premises |