Cryptocurrency & Tax

Need to know about the tax implications of cryptocurrency?

What you’ll learn
Understanding the Different Types of Cryptocurrency Transactions
Crypto currency and the Income Tax Act – What you need to know
SARS’s view on crypto currency understanding their Audit approach
Crypto currency and the Income Tax Act – What you need to know
Declaring crypto currency on your Annual Income Tax Return
Converting foreign currencies to Rand

Requirements
No prior experience neded

Description
Need to know about the tax implications of cryptocurrency?Normal income tax rules apply to crypto assets and affected taxpayers need to declare crypto assets’ gains or losses as part of their taxable income. The onus is on taxpayers to declare all crypto assets-related taxable income in the tax year in which it is received or accrued.TOPICS DISCUSSED:Understanding the Different Types of Cryptocurrency TransactionsHow will you as the taxpayer be taxed on your crypto currency trading & crypto assets?SARS’s view on crypto currency understanding their Audit approachCrypto currency and the Income Tax Act – What you need to knowDeclaring crypto currency on your Annual Income Tax ReturnConverting foreign currencies to RandAll Included:Video presented courseDownloadable course materialCertificate of trainingOptional assessmentSAIT Accredited – 4 verifiable CPD points——————————-Need to know about the tax implications of cryptocurrency?Normal income tax rules apply to crypto assets and affected taxpayers need to declare crypto assets’ gains or losses as part of their taxable income. The onus is on taxpayers to declare all crypto assets-related taxable income in the tax year in which it is received or accrued.TOPICS DISCUSSED:Understanding the Different Types of Cryptocurrency TransactionsHow will you as the taxpayer be taxed on your crypto currency trading & crypto assets?SARS’s view on crypto currency understanding their Audit approachCrypto currency and the Income Tax Act – What you need to knowDeclaring crypto currency on your Annual Income Tax ReturnConverting foreign currencies to RandAll Included:Video presented courseDownloadable course materialCertificate of trainingOptional assessmentSAIT Accredited – 4 verifiable CPD points

Overview
Section 1: Introduction

Lecture 1 Introduction

Section 2: Cryptocurrency & Tax Self-Study Course

Lecture 2 Course Material

Lecture 3 Part 1.1

Lecture 4 Part 1.2

Lecture 5 Part 2.1

Lecture 6 Part 2.2

Tax Admins,Accountants,Business professionals,Finance Staff