2310

Other credit granting

Profit Code

2310

Loss Code

2311

Category

23 - Finance and Insurance

Description

SARS profit code 2310 (loss: 2311) classifies Other credit granting 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 2310 in the profit code field if your business is primarily engaged in other credit granting. If your business made a loss, use code 2311 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

CodeDescription
2302Central banking
2304Commercial banking
2306Building societies
2308Financial leasing
2312Life insurance
2314Short-term insurance
2316Pension funding
2318Financial markets administration
2320Insurance brokers
2322Fund management