Browsing: Sars

How Sars plans to tax your bitcoin

The South African Revenue Service will continue to apply “normal income tax rules” to cryptocurrencies such as bitcoin and has urged taxpayers to declare cryptocurrency gains or losses as part of their

Bitcoin: brace for the tax impact

As bitcoin continues its roller-coaster ride, taxpayers need to brace themselves for heightened scrutiny of their declarations in relation to cryptocurrency gains. The South African Revenue Service has confirmed that it will clarify

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