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- So your industry code would be 541515. If you are filing your income tax return on paper, enter the six-digit industry code that corresponds to your business listed in the latest version of the North American Industry Classification System (NAICS).
www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4002/t4002-4.htmlSelf-employed Business, Professional, Commission, Farming ...
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If none of the generalized industry codes closely describes your main business activity, you can get a suitable code from the complete list of North American Industry Classification System codes (NAICS) maintained by Statistics Canada.
Nov 27, 2020 · The Canada Revenue Agency (CRA) asks that you choose a code from the generalized list of codes and to choose your code, establish what the main activity of your business is, and find the code that comes closest to it.
Oct 7, 2020 · An industry code is a 6-digit number used to identify the type of business you are operating. For tax purposes, all self-employment activities, even freelance and “gig” work, are considered to be “business activities”.
Feb 28, 2023 · In addition to declaring your income and completing the T2125 (which is used to report your business and professional income and expenses), you also need to provide the CRA with your industry code. Your industry code is a six-digit number that corresponds to your business or occupation.
Calculate business or professional income, get industry codes, and report various income types. Business or professional income overview, Business or professional income types, Capital cost allowance, Business expenses, Business tax credits, Record keeping.
If you are filing your income tax return on paper, enter the six-digit industry code that corresponds to your business listed in the latest version of the North American Industry Classification System (NAICS).
Jan 7, 2020 · Industry codes are 6 digit numbers assigned by Stats Canada that used to categorize your business’s main activity. For example, if you’re a freelance writer, your business’s industry code is 711511 – Independent artists, writers, and performers.
