How is cryptocurrency taxed in South Africa?

South Africa applies a mixed crypto-tax regime — gains can be treated as capital gains or as income depending on how you hold and use the assets.

“SARS will apply general tax principles and tax the income or capital gains that are received or accrued to the taxpayer.”

This reflects guidance from SARS, as of 2024.

See the full South Africa crypto policy profile for legal status, VASP licensing, stablecoin rules and more — or compare South Africa with another country. New to the categories? Read how crypto is taxed, explained.

Data basis: SARS, as of 2024