Tax Map · Crypto tax rankings

Crypto tax in South Africa

Crypto in South Africa is taxed under a special / mixed regime.

As an individual tax resident in South Africa, crypto gains are always taxable either as normal income (up to 45%) or as capital gains (effective maximum 18%), with no tax-free long‑term holding period.

“Yes, 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. Following normal income tax rules, income received or accrued from crypto assets transactions can be taxed on revenue account under “gross income”. Alternatively such gains may be regarded as capital in nature, as spelt out in the Eighth Schedule to the Act for taxation under the Capital Gains Tax (CGT) paradigm.” — South African Revenue Service (SARS)

Reflects the treatment of an individual's crypto disposals. Estimate — confirm against the linked source. See methodology.