2416
Labour recruitment
Profit Code
2416
Loss Code
2417
Category
24 - Real Estate and Business Services
Description
SARS profit code 2416 (loss: 2417) classifies Labour recruitment 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 2416 in the profit code field if your business is primarily engaged in labour recruitment. If your business made a loss, use code 2417 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 |
| 2404 | Real estate on fee basis |
| 2406 | Legal activities |
| 2408 | Accounting and auditing |
| 2410 | Management consultancy |
| 2412 | Architectural and engineering |
| 2414 | Advertising |
| 2418 | Security services |
| 2420 | Cleaning services |
| 2422 | Photographic activities |
| 2424 | Other business services |