How to declare your Bitcoin to SARS
South Africans who trade in or own cryptocurrencies like bitcoin, ether, and dogecoin must declare this to SARS or face severe financial penalties.
While most governmental financial institutions in South Africa don’t regard cryptocurrencies as having any...
Bitcoin investments can cause tax implications in South Africa
South Africans who are investing in cryptocurrencies like Bitcoin should be aware of the tax implications as the South African Revenue Service (SARS) has cryptocurrency trading firmly in its sights.
This is the warning from Thomas...