0202
Coal mining
Profit Code
0202
Loss Code
0203
Category
02 - Mining and Quarrying
Description
SARS profit code 0202 (loss: 0203) classifies Coal mining within main category 02 (Mining and Quarrying). 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 0202 in the profit code field if your business is primarily engaged in coal mining. If your business made a loss, use code 0203 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 02
| Code | Description |
|---|---|
| 0204 | Gold mining |
| 0206 | Platinum mining |
| 0208 | Diamond mining |
| 0210 | Other mining |
| 0212 | Quarrying |
| 0214 | Mining services |