1504
Gas supply
Profit Code
1504
Loss Code
1505
Category
15 - Electricity, Gas and Water
Description
SARS profit code 1504 (loss: 1505) classifies Gas supply within main category 15 (Electricity, Gas and Water). 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 1504 in the profit code field if your business is primarily engaged in gas supply. If your business made a loss, use code 1505 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 15
| Code | Description |
|---|---|
| 1502 | Electricity generation and distribution |
| 1506 | Water collection and supply |