Glossary of ACC terms

Business industry description (BID)

Business industry description (BID)

Description of the nature of business or trade.

The customer will provide the business industry description when registering for GST, and when completing the IR3, IR4 or IR7. Inland Revenue will provide the business industry description to ACC.

The business industry description will be converted to a classification unit.

Last updated: 14 July 2014

Last reviewed: 10 July 2014