Accounting and auditing

Description

SARS profit code 2408 (loss: 2409) classifies Accounting and auditing 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 2408 in the profit code field if your business is primarily engaged in accounting and auditing. If your business made a loss, use code 2409 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.