1 Description of main business activity
Describe as accurately as possible the business activity from which the partnership derived the highest gross income, for example, beef cattle breeding, vegetable growing, clothing manufacturing, confectionary wholesaling, domestic appliance retailing, or share trading. Do not use general descriptions, such as farming, manufacturing, wholesaling or investing.
Industry code
Show at A the appropriate industry code for the partnership’s main business.
Code the business activity as accurately as possible. The industry code is made up of five digits, for example, if the industry is dairy cattle farming, the code on the tax return is shown as 01600.
An incorrect code may result in clients not receiving a necessary service or material from us, or could lead to incorrect targeting of audits. The industry code provided is also used to publish industry benchmarks in taxation statistics.
The industry coding regime we use is a modified version of the Australian and New Zealand Standard Industrial Classification (ANZSIC)This link opens in a new window produced jointly by the Australian Bureau of Statistics (ABS) and Statistics New Zealand.