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  • Business industry codes can change

    Some of your clients’ businesses may have grown or diversified and their main business activity or business type has changed.

    You or your clients can use the Business industry code tool to check if their business industry codes are still correct. If your clients have multiple types of businesses, select the code for the activity that results in the highest gross income or smallest loss.

    Using the right code helps:

    • prevent delays in processing tax returns
    • reduce the risk of your clients being incorrectly identified for compliance activities
    • minimise the chance of us contacting you or your clients unnecessarily.

    If you need to update your clients' codes:

    • enter the new code on their next income tax return
    • change it on the ABRExternal Link.

    See also:

    Last modified: 16 Apr 2018QC 55104