0906

Casting of metals

Profit Code

0906

Loss Code

0907

Category

09 - Basic Metal Industries

Description

SARS profit code 0906 (loss: 0907) classifies Casting of metals within main category 09 (Basic Metal Industries). 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 0906 in the profit code field if your business is primarily engaged in casting of metals. If your business made a loss, use code 0907 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 09

CodeDescription
0902Basic iron and steel
0904Non-ferrous metals