0408
Other textiles
Profit Code
0408
Loss Code
0409
Category
04 - Textiles
Description
SARS profit code 0408 (loss: 0409) classifies Other textiles within main category 04 (Textiles). 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 0408 in the profit code field if your business is primarily engaged in other textiles. If your business made a loss, use code 0409 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 04
| Code | Description |
|---|---|
| 0402 | Spinning and weaving |
| 0404 | Knitted and crocheted fabrics |
| 0406 | Carpets and rugs |