Cryptocurrency and TAX

Price:
R345.00 (VAT Incl.)
Level:
Accounting professionals
Sub-level:
Income tax
Lecturer:
Biz Facility
Duration:
120 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


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.



Join us for this very informative session whereby we shall discuss the following topics:

Understanding the Different Types of Cryptocurrency Transactions
How will you as the taxpayer be taxed on your crypto currency trading & crypto assets?
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


All Included:

Video presented course
Downloadable course material
Certificate of training
Optional assessment
SAIT Accredited - 4 verifiable CPD points