Catering

Description

SARS profit code 2010 (loss: 2011) classifies Catering 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 2010 in the profit code field if your business is primarily engaged in catering. If your business made a loss, use code 2011 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.