0120
Horse breeder
Profit Code
0120
Loss Code
0121
Category
01 - Agriculture, Forestry and Fishing
Description
SARS profit code 0120 (loss: 0121) classifies Horse breeder within main category 01 (Agriculture, Forestry and Fishing). 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 0120 in the profit code field if your business is primarily engaged in horse breeder. If your business made a loss, use code 0121 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 01
| Code | Description |
|---|---|
| 0102 | Pig farming |
| 0104 | Livestock farming |
| 0106 | Crop farming |
| 0108 | Production of milk |
| 0110 | Bee keeper |
| 0112 | Mixed farming |
| 0114 | Poultry farming |
| 0116 | Ostrich farming |
| 0118 | Breeding of non-food producing animals |
| 0122 | Agricultural services |
| 0124 | Vegetable farming |
| 0126 | Wine farming |
| 0128 | Fruit farming |
| 0130 | Flower and seed growers |
| 0132 | Forestry and logging |
| 0134 | Sugar farming |
| 0136 | Fish breeder |
| 0138 | Tobacco farming |
| 0140 | Wool farming |
| 0142 | Game farming |