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SARS Finally Publish a Draft Guide to Taxation of Crypto Assets, for Public Comment On 1 July 2026, the South African Revenue Service (SARS) published its “Draft Guide to the Taxation of Crypto Assets”, providing important insight into how SARS views crypto assets with reference to particularly relevant sections of the Income Tax Act, No. […]

Caught After Moving R182 Million in Bitcoin Offshore Without Regulatory Approval: High Court Confirms Crypto Falls Within Exchange Control Regulations In a significant judgment for South Africa’s cryptocurrency market, the Johannesburg High Court on 1 June 2026,  ruled that Bitcoin constitutes “money” and “capital” under South African law — and that moving it offshore without

Draft Capital Flow Management Regulations: Crypto Assets Enter the Exchange Control Arena On 17 April 2026, National Treasury published the Draft Capital Flow Management Regulations, 2026 for public comment.These draft regulations mark a significant regulatory tightening on the use and movement for crypto assets in South Africa,focused on managing capital flows through a risk-based approach.

SARS’ Strong Stance on Crypto Asset Transaction Reporting Following SARS’ implementation of the Crypto Asset Reporting Framework (CARF) on 01 March 2026, taxpayer uncertainty in this space has reached an all-time high. READ MORE Jashwin BaijooPartner and Head of StrategicEngagement & Compliance FEATURED IN To provide clarity and calm the masses of South African taxpayers

SARS’ Automatic Exchange of Information Spans Over 120 Jurisdictions – No Evasive Maneuvers for Tax Evaders! SARS’ Automatic exchange of information (AEOI) has been upgraded, through strategic adoption of the Organisation for Economic Cooperation and Development’s (OECD) Crypto-Asset Reporting Framework (CARF) and an updated Common Reporting Standard (CRS). READ MORE Jashwin BaijooPartner and Head of

SARS Expands Its Reach: Offshore Accounts and Crypto Now Fully Exposed From 1 March 2026, global reporting standards reach your digital and cross-border wealth. If you hold crypto through offshore structures, trade on foreign exchanges, or maintain cross-border financial interests that have not been carefully disclosed and classified, the risk landscape has shifted materially. READ

SARS Compliance Programmes Secures R304 Billion in Collections! SARS & National Treasury’s 18th annual edition of the Tax Statistics bulletin confirms the effectiveness of the revenue collector’s compliance driven initiatives. SARS celebrates a whopping 16,7% year-on-year compliance collection increase, which it attributes to “enhanced strategies and diligent implementation of compliance measures”. READ MORE Jashwin BaijooPartner

New Worldwide Reporting Standards Spell the End for Crypto-Tax Evaders – SARS Knows! As the cryptocurrency market rapidly expands and the global financial landscape evolves, tax authorities worldwide are intensifying their efforts to maintain transparency and combat tax evasion. READ MORE Jashwin Baijoo Partner and Head of Strategic Engagement & Compliance FEATURED IN Compliance is

Voluntary Disclosure Programme: A Last Chance for Crypto Traders Before the 2026 Crackdown? The South African Revenue Service (SARS) is preparing to enforce far-reaching new international standards from 1 March 2026, aimed squarely at crypto traders and investors. Through the adoption of the Crypto-Asset Reporting Framework (CARF) and the revised Common Reporting Standard (CRS), SARS

SARS Holds Crypto-Traders to Account per the “International Tax Standard” The draft Crypto-Asset Reporting Framework (CARF) and revised Common Reporting Standard (CRS) regulations, proposed to be effective 01 March 2026, increases the regulatory and reporting burden on crypto service providers and taxpayers in South Africa! This strengthening of tax treatment leverages the automatic exchange of information,