1310
Railway rolling stock
Profit Code
1310
Loss Code
1311
Category
13 - Transport Equipment
Description
SARS profit code 1310 (loss: 1311) classifies Railway rolling stock 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 1310 in the profit code field if your business is primarily engaged in railway rolling stock. If your business made a loss, use code 1311 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 |
| 1304 | Motor vehicle bodies |
| 1306 | Motor vehicle parts |
| 1308 | Ships and boats |
| 1312 | Aircraft |
| 1314 | Other transport equipment |