1304
Motor vehicle bodies
Profit Code
1304
Loss Code
1305
Category
13 - Transport Equipment
Description
SARS profit code 1304 (loss: 1305) classifies Motor vehicle bodies within main category 13 (Transport Equipment). 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 1304 in the profit code field if your business is primarily engaged in motor vehicle bodies. If your business made a loss, use code 1305 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 13
| Code | Description |
|---|---|
| 1302 | Motor vehicles |
| 1306 | Motor vehicle parts |
| 1308 | Ships and boats |
| 1310 | Railway rolling stock |
| 1312 | Aircraft |
| 1314 | Other transport equipment |