2404
Real estate on fee basis
Profit Code
2404
Loss Code
2405
Category
24 - Real Estate and Business Services
Description
SARS profit code 2404 (loss: 2405) classifies Real estate on fee basis within main category 24 (Real Estate and Business Services). 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 2404 in the profit code field if your business is primarily engaged in real estate on fee basis. If your business made a loss, use code 2405 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 24
| Code | Description |
|---|---|
| 2402 | Real estate with own property |
| 2406 | Legal activities |
| 2408 | Accounting and auditing |
| 2410 | Management consultancy |
| 2412 | Architectural and engineering |
| 2414 | Advertising |
| 2416 | Labour recruitment |
| 2418 | Security services |
| 2420 | Cleaning services |
| 2422 | Photographic activities |
| 2424 | Other business services |