Other business services

Description

SARS profit code 2424 (loss: 2425) classifies Other business services 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 2424 in the profit code field if your business is primarily engaged in other business services. If your business made a loss, use code 2425 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.