Page 55 - Profmark Tax Guide 2025

IRP 5 CODES

Normal Income Codes 3719 Dividends not exempt i�t�o para (dd) of the
3601 Income (taxable) i�e� salaries and wages proviso to s10(1)(k)(i)
(taxable), overtime (taxable) 3720 Dividends not exempt i�t�o� par (ii) of the
3602 Income (non-taxable) i�e� pension payments proviso to s10(1)(k)(i) dividends
(non-taxable), arbitration award (non-taxable) 3721 Dividends not exempt i�t�o� par (jj) of the
3603 Pension payments (taxable) proviso to s 10(1)(k)(i) dividends
3605 Annual payments (taxable) i�e� annual bonus, 3722 Reimbursive Travel Allowance
incentive bonus etc� (taxable: amount only to the extent
3606 Commission prescribed limit/km has been exceeded)
3607 Overtime (taxable) 3723 Dividends not exempt i�t�o� par (kk) of the
3608 Arbitration Award (taxable) proviso to s 10(1)(k)(i) dividends
3610 RAF annuity (taxable)
3611 Purchased annuity (taxable) Fringe Benefit Codes
3613 Restraint of Trade (taxable) 3801 General Fringe Benefit (taxable) i�e�, Right
3614 Other Retirement Lump Sums (taxable) of Use of Asset other than motor vehicle
3616 Independent Contractors (taxable) (taxable), acquisition of asset at less than
3617 Labour Brokers (PAYE/IT) actual value (taxable), Meals, refreshments
3618 Annuity from Provident/Provident Preservation and meal and refreshment Vouchers (taxable),
Fund Low interest or interest free loans or loan
3619 Labour Brokers with Exemption Certificate (IT) subsidies (taxable)
3620 Directors Fees – resident Non-Executive 3802 Right of Use of Motor Vehicle (taxable)
Director/Audit Committee Member 3805 Accommodation (taxable) i�e� free or cheap
3621 Directors Fees – Non-resident Non-Executive residential or holiday accommodation (taxable)
Director 3806 Services (taxable) i�e� free or cheap services
3622 Long Service Cash award – full value 3808 Employee’s debt (taxable)
(before excluding any amount) 3809 Bursaries or scholarships (taxable) –
Basic Education
Allowance Codes 3810 Medical Aid contributions (taxable)
3701 Travel Allowance (taxable) 3813 Medical services cost (taxable)
3702 Reimbursive Travel Allowance (taxable: 3815 Bursaries and scholarships (non-taxable) –
amount up to the prescribed limit /km that has Basic Education
not been exceeded) 3816 Use of motor vehicle acquired by employers
3703 Reimbursive Travel Allowance (non-taxable) via “Operating Lease” (taxable)
3704 Subsistence Allowance – Local Travel (taxable) 3817 Taxable benefit i�r�o� Pension Fund Employer
3707 Share Options Exercised (taxable) Contribution
3708 Public Office Allowance (taxable) 3820 Taxable Bursaries or Scholarships – Further
3713 Other Allowances (taxable) i�e�, Entertainment Education
Allowance (taxable), Tool Allowance (taxable), 3821 Non-Taxable Bursaries or Scholarships –
Computer Allowance (taxable), Telephone/Cell Further Education
Phone Allowance (taxable) 3822 Non-taxable Acquisition of Immovable Property
3714 Other Allowances (non-taxable) i�e�, 3825 Taxable Benefit i�r�o� Provident Fund Employer
Subsistence Allowance – Local Travel (non- Contribution
taxable) 3828 Taxable Benefit i�r�o� Retirement Annuity
Uniform Allowance (non-taxable), Subsistence Employer Contribution
Allowance – Foreign Travel (non-taxable), 3829 Taxable Bursaries or Scholarships to a
Relocation allowance (non-taxable) disabled person – Basic Education
3715 Subsistence Allowance – Foreign Travel 3830 Non-taxable Bursaries or Scholarships to a
(taxable) disabled person – Basic Education
3717 Broad-based Employee Share Plan (taxable) 3831 Taxable Bursaries or Scholarships to a
3718 Vesting of equity instruments (taxable) disabled person – Further Education
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