2902
Membership organisations
Profit Code
2902
Loss Code
2903
Category
29 - Other Services
Description
SARS profit code 2902 (loss: 2903) classifies Membership organisations within main category 29 (Other Services). 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 2902 in the profit code field if your business is primarily engaged in membership organisations. If your business made a loss, use code 2903 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 29
| Code | Description |
|---|---|
| 2904 | Repair of household goods |
| 2906 | Rental and leasing |
| 2908 | Travel agencies |
| 2910 | Packaging |
| 2912 | Call centres |
| 2914 | Research and development |
| 2956 | Veterinary services |