2704
Radio and TV broadcasting
Profit Code
2704
Loss Code
2705
Category
27 - Entertainment, Sport and Recreation
Description
SARS profit code 2704 (loss: 2705) classifies Radio and TV broadcasting within main category 27 (Entertainment, Sport and Recreation). 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 2704 in the profit code field if your business is primarily engaged in radio and tv broadcasting. If your business made a loss, use code 2705 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 27
| Code | Description |
|---|---|
| 2702 | Film and video production |
| 2706 | Performing arts |
| 2708 | Libraries and museums |
| 2710 | Gambling |
| 2712 | Sports activities |
| 2714 | Amusement and recreation |