Hi guys! I haven't read any posts here, so apologies if this has been discussed.
Has anybody had the experience where SARS accuses you of not reporting crypto gains?
This happened to me yesterday (via my tax advisor) - SARS says I made R1.33m crypto profits that I didn't declare....... now they want me to pay the taxes on that.
Although I regularly trade JSE listed equities, I have never bought/owned/sold any crypto.
I did an affidavit at the cops to that effect and handed it to my tax advisor - let's see what happens....