Cryptocurrency & Tax
What you'll learn
- Understanding the Different Types of Cryptocurrency Transactions
- Crypto currency and the Income Tax Act - What you need to know
- 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
- South African Tax
Requirements
- No prior experience neded
Description
****Please note that this course is based on South African Tax****
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.
TOPICS DISCUSSED:
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
-------------------------------
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.
TOPICS DISCUSSED:
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
Who this course is for:
- Tax Admins
- Accountants
- Business professionals
- Finance Staff
Instructor
Being from Bizfacility Financial training for over 10 years of providing training to accountants, bookkeepers and various business owners and companies, we also offer self-study courses to provide value adding knowledge, skills and tools through remote training and engagement that enables you to become more financially skilled.
We offer a variety of self- study courses, packages to provide understanding of all aspects of Bookkeeping, Accounting, Financial instruments, Management Accounting and Financial procedures that are essential for the running of a business.
As finance is a universal language, all online courses offered through UDEMY, are useful to anyone in the world as it complies with IFRS (International Framework of Reporting Standards) and does not include any country specific vat or tax content.