2520
Social work
Profit Code
2520
Loss Code
2521
Category
25 - Community Services and Education
Description
SARS profit code 2520 (loss: 2521) classifies Social work within main category 25 (Community Services and Education). 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 2520 in the profit code field if your business is primarily engaged in social work. If your business made a loss, use code 2521 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 25
| Code | Description |
|---|---|
| 2502 | Pre-primary and primary education |
| 2504 | Secondary education |
| 2506 | Higher education |
| 2508 | Other education |
| 2510 | Hospital activities |
| 2512 | Medical practice |
| 2514 | Dental practice |
| 2516 | Other health activities |
| 2518 | Veterinary activities |