2308
Financial leasing
Profit Code
2308
Loss Code
2309
Category
23 - Finance and Insurance
Description
SARS profit code 2308 (loss: 2309) classifies Financial leasing within main category 23 (Finance and Insurance). 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 2308 in the profit code field if your business is primarily engaged in financial leasing. If your business made a loss, use code 2309 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 23
| Code | Description |
|---|---|
| 2302 | Central banking |
| 2304 | Commercial banking |
| 2306 | Building societies |
| 2310 | Other credit granting |
| 2312 | Life insurance |
| 2314 | Short-term insurance |
| 2316 | Pension funding |
| 2318 | Financial markets administration |
| 2320 | Insurance brokers |
| 2322 | Fund management |