SARS’S STANCE ON THE TAX TREATMENT OF CRYPTOCURRENCIES

Tags: cryptocurrencies, Penalties, Taxpayers Reading Time: 4 minutes The South African Revenue Service (SARS) will continue to apply normal income tax rules to cryptocurrencies and will expect affected taxpayers to declare cryptocurrency gains or losses as part of...

Tax clearance certificates

Tags: FIA, SARS, Taxpayers Reading Time: 3 minutes Taxpayers may require SARS to issue them with a tax clearance certificate for various reasons. This includes a general confirmation that the relevant taxpayer’s affairs are all in order and up to date (a so-called...

Tax season 2016: Non-provisional taxpayers’ deadline

Tags: Income tax, SARS, Taxpayers Reading Time: 3 minutes Many of our clients are not registered for provisional tax, nor are they required to be registered. These non-provisional taxpayers should however take note thereof that their annual income tax returns (for the...