How is cryptocurrency taxed?

In South Africa gains from short-term and active transactions are generally subject to income tax, whereas long-term and passive gains (i.e., investment returns) are generally treated as capital gains. Read our crypto tax guide to find out more.

When do I need to file and pay crypto tax in South Africa?

The deadline for filing and paying your taxes to SARS is 23rd October for regular filing and 23rd January for provisional taxpayers.

Why do I need a crypto tax calculator?

Although it’s possible to calculate your crypto taxes manually, a crypto tax calculator like Recap saves time and increases accuracy.

Can I reduce how much crypto tax I owe?

With clever tax planning you can optimise your crypto taxes. Take a look at our blog for some ideas but always consult a tax advisor for specific help tailored to your own personal circumstances.

Privacy-focused crypto tax software for investors

Tax payers in South Africa can navigate tax worries effortlessly with our crypto tax software. Save time, optimise taxes, and ensure SARS compliance.

No credit card required.

Tax Report 2023/2024

R 7 801 984 NET GAIN

Crypto tax software for South African taxpayers

The Recap accounts page showing a crypto investor's connected exchanges

Explore why Recap is the trusted choice for crypto investors and crypto tax professionals

CRYPTO PORTFOLIO TRACKER

Track your entire crypto portfolio in one place

Recap is more than just crypto tax software. See the true value of your crypto portfolio with real-time tracking of your crypto investments.

One view of all your crypto accounts
Track all of your historical cryptocurrency transactions and crypto assets
See your entire crypto worth in Rand
Analyse the performance of your crypto to plan and optimise future investments

CRYPTO TAX SOFTWARE

Automatically calculate your crypto tax report

Simply import your crypto trading history and Recap instantly calculates your capital gains and income taxes.

Compliant with the latest SARS guidance
Preview your capital gains for free
Automatically generate crypto tax reports
Securely share your data with your accountant and delegate filing

INTEGRATIONS

Support for your exchanges and wallets

HOW IT WORKS

Crypto tax made simple

Recap makes it easy to calculate and stay on top of your crypto taxes.

1
Import your transactions and calculate your crypto taxes with ease whether your trading, earning DeFi rewards or collecting NFTs!
Real-time API sync for major exchanges like Luno and VALR
On-chain support for Ethereum, Binance Smart Chain and Polygon wallets
CSV import for unsupported exchanges
2
3

Crypto tax guides for South African taxpayers

Browse our SA focused guides to demystify the complexities of crypto tax without the confusing jargon.

FAQs

How is cryptocurrency taxed?: In South Africa gains from short-term and active transactions are generally subject to income tax, whereas long-term and passive gains (i.e., investment returns) are generally treated as capital gains. Read our crypto tax guide to find out more.
When do I need to file and pay crypto tax in South Africa?: The deadline for filing and paying your taxes to SARS is 23rd October for regular filing and 23rd January for provisional taxpayers.
Why do I need a crypto tax calculator?: Although it’s possible to calculate your crypto taxes manually, a crypto tax calculator like Recap saves time and increases accuracy.
Can I reduce how much crypto tax I owe?: With clever tax planning you can optimise your crypto taxes. Take a look at our blog for some ideas but always consult a tax advisor for specific help tailored to your own personal circumstances.