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South African Tax Guide
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  • Cryptocurrency Tax Guide for South African Individuals
    • Recap
    • Tax Consulting South Africa
  • Cryptocurrency tax
    • Is Cryptocurrency Taxed in South Africa?
      • Tax Deadlines
    • Which Types of Taxes Apply?
      • Income Tax
      • Capital Gains Tax
    • Investor or Trader?
      • How to Know The Difference
    • Valuation of Crypto Assets
  • How To File Your Return
    • Record Keeping
    • Filing Your Tax Return
  • Transaction Types
    • 💵Selling Crypto for Fiat
    • 📈Trading Crypto for Crypto
    • 🗳️Holding Crypto
    • 🔄Swapping Crypto
    • 🛍️Purchases Using Crypto
    • 🎁Gifts to Other Persons
    • 🎈Airdrops
    • 💸Transfers Between Wallets
    • 🤝Staking
    • ⛏️Mining
    • 👛'Employment Income'
    • 😰Lost / Stolen Crypto
    • 🌊Liquidity Pools
    • 🖼️NFTs
    • 💰DeFi Interest / Rewards
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On this page
  • Methods
  • Filing Your Return
  • Registration
  • Filing
  • How Recap Can Help
  • Our three-step approach calculates your taxes in minutes.
  • 1. Step 1 - Connect your wallets and exchanges
  • 2. Step 2 - Check your data
  • 3. Step 3 - File your return
  1. How To File Your Return

Filing Your Tax Return

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Last updated 1 year ago

Methods

The most common way to file your tax return is online, through SARS' .

  • Completing a tax return viz the e-Filing platform.

Remember:

The tax year runs between March 1st and Feb 28th/29th every year.

Filing Your Return

Registration

Unsure About Registration?

Filing

Customize your tax return by answering questions required by SARS. Check that you have all supporting documents and information, input the relevant fields (remember to distinguish between capital and revenue amounts) and submit the return.

Our three-step approach calculates your taxes in minutes.

1. Step 1 - Connect your wallets and exchanges

2. Step 2 - Check your data

Recap shows you errors and gaps in your data so you can easily get things in order. We apply automated valuations, tax clarifications and use FIFO to calculate your tax position. If needed you can manually add trades, adjust clarifications and tweak your data so you're happy.

3. Step 3 - File your return

All returns are filed through the form, where all income and allowable expenses are documented.

Other filing are available, both virtually and physically:

Using the SARS .

Filing electronically at a SARS branch to get direct assistance. SARS requires that is made before showing up.

The easiest way to complete your personal tax return is through e-Filing, which you must register for with valid identification (South African ID or foreign passport). If you have not registered as a taxpayer before, your e-Filing registration will automatically allocate you with a tax reference number.

If you are unsure whether you are registered as a tax-payer, use the .

Begin by logging into with your registered details. After logging in, proceed to ‘Returns Issued’ and then ‘Personal Income Tax (ITR12)’ and go to the tax year you wish to file for – if need be, select the year in the drop-down menu and click ‘Request Return’. Click the 'My tax return ITR12' link to begin filing.

SARS have created a simple yet valuable video guide on submitting a ITR12 return .

How Can Help

makes filling simple. Our market-leading tax platform calculates crypto tax liabilities for South African crypto investors, using the SARS requested FIFO cost basis method.

Recap supports all major crypto-exchanges to make getting your transaction data into our platform simple. We also support data from dead exchanges or anywhere else via CSV file. We take your very seriously and use end-to-end encryption to protect your data.

See your tax position and download your tax forms ready to file with SARS. If you need a hand, our team are available on our in-app chat to answer your queries and we work closely with South African crypto-tax experts, (a division of Tax Consulting South Africa) for all your professional advice requirements.

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