0602
Sawmilling
Profit Code
0602
Loss Code
0603
Category
06 - Wood, Paper, Printing and Publishing
Description
SARS profit code 0602 (loss: 0603) classifies Sawmilling within main category 06 (Wood, Paper, Printing and Publishing). 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 0602 in the profit code field if your business is primarily engaged in sawmilling. If your business made a loss, use code 0603 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 06
| Code | Description |
|---|---|
| 0604 | Wood products |
| 0606 | Pulp and paper |
| 0608 | Paper containers |
| 0610 | Other paper products |
| 0612 | Printing |
| 0614 | Publishing |