1906
Motor vehicle maintenance and repair
Profit Code
1906
Loss Code
1907
Category
19 - Motor Trade
Description
SARS profit code 1906 (loss: 1907) classifies Motor vehicle maintenance and repair 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 1906 in the profit code field if your business is primarily engaged in motor vehicle maintenance and repair. If your business made a loss, use code 1907 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 |
| 1904 | Motor vehicle parts |
| 1908 | Motorcycles |
| 1910 | Automotive fuel retail |