1904
Motor vehicle parts
Profit Code
1904
Loss Code
1905
Category
19 - Motor Trade
Description
SARS profit code 1904 (loss: 1905) classifies Motor vehicle parts within main category 19 (Motor Trade). 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 1904 in the profit code field if your business is primarily engaged in motor vehicle parts. If your business made a loss, use code 1905 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 19
| Code | Description |
|---|---|
| 1902 | Sale of motor vehicles |
| 1906 | Motor vehicle maintenance and repair |
| 1908 | Motorcycles |
| 1910 | Automotive fuel retail |