SARS

What SARS Says About Crypto Assets and Tax

March 04, 20251 min read

“The future of money is digital currency” (Bill Gates)


If you are thinking of buying – or have bought – any “crypto asset” such as a cryptocurrency like Bitcoin, Ethereum, Polkadot, Solana (or any of the many other crypto currencies springing up all over the place), be aware of the tax implications.

As a start, read the new SARS webpage “Crypto Assets and Tax” 
here, first published on 27 August 2021 and providing guidance on (at date of writing – expect this webpage to evolve!) these questions –

  • What is it?

  • How did we get here?

  • Do I need to pay tax on crypto assets?

  • How will it work? (With an example of the ITR12 Income Tax Return for the 2020/21 tax year)

  • How is SARS tracing crypto asset transactions?

There are still grey areas here – and many pitfalls – so be sure to take specific professional advice!

KVV Inc. is a boutique law firm specialising exclusively in Property Law. With offices in Pretoria, Centurion, and Krugersdorp, we've proudly served the greater Gauteng area since 2015.

KVV Inc Attorneys

KVV Inc. is a boutique law firm specialising exclusively in Property Law. With offices in Pretoria, Centurion, and Krugersdorp, we've proudly served the greater Gauteng area since 2015.

Back to Blog

KVV Inc. Attorneys: Celebrating 10 Years of Excellence in Property Law and Conveyancing.

Fostering Partnerships,

Driving Results.

© KVV Inc. Attorneys 2025.

All Rights Reserved. Privacy Policy | POPIA

KVV Inc. Attorneys: Celebrating 10 Years of Excellence in Property Law and Conveyancing.

Fostering Partnerships, Driving Results.

© KVV Inc. Attorneys 2025. All Rights Reserved. Privacy Policy | POPIA