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South African crypto tax myths debunked

The crypto industry’s rapid pace of development has left many South Africans unsure of where they stand. Whether hype or reality – and, often, it’s a bit of both – the stories we read online and the conversations we hold over the braai can leave...

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Retirement Annuity Tax Benefit

Let's see how you can make a retirement annuity tax benefit work for you. Are contributions to pension, retirement annuity, and provident funds tax deductible? In short, yes. All contributions are deductible and result in a retirement annuity tax...

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Budget Speech 2022 – Summary

Finance minister Minister Enoch Godongwana gave his first 2022 budget speech from Parliament on Wednesday the 23 February 2022. This speech comes after the South African economy has been subject to protests, governmental debt and covid...

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Crypto Regulation in South Africa

Background Since Bitcoin's official launch in January 2009, the growth of this technology has been exponential, growing much faster than the internet in the early 1980s. With such growth, responsibility needs to be taken from all parties involved...

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Crypto Tax in South Africa

SARS and Crypto Assets The South African Revenue Service (SARS) has set its sights on a new lucrative income source. For the last five years, we (CH Consulting) have been calculating crypto taxes for clients, it is safe to say we have performed...

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