markvorster
Posts: 2
Joined: Wed Mar 28, 2018 12:16 am

SARS & CRYTO CURRENCIES

Mon Apr 30, 2018 10:03 pm

Good Day

I am a CA and Tax Practitioner.

I have been following the tax consequences of crypto currencies and SARS's take on the matter.

Attached is an article of their stance:

Declare cryptocurrencies on your tax returns, says SARS

https://www.fin24.com/Companies/ICT/dec ... s-20180409

This may seem like morbid news but it isn't if you have made a Loss!

This Loss will reduce your taxable income thereby you can recover some of your loss through this channel.

If you need assistance in matter don't hesitate to contact me in this regard or any other tax or accounting matter.

"Why deal with Trainee's when you can deal with a CA(SA)"

Mark Vorster CA(SA) ACCA
0848500419
mark@basicsolutions.co.za

Laboucle
Posts: 1
Joined: Thu May 03, 2018 3:16 pm
Contact: Telegram

Re: SARS & CRYTO CURRENCIES

Thu May 03, 2018 3:19 pm

Thank you friend for your help! I think many tax novices will need your help. Nevertheless, I prefer to consult the professionals of the site ecrypto-international.com where I trade my digital currencies; this so that they give me more information on the taxation in crypto-currencies. There I think I would understand better.

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