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Category Archives: Investment

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Crypto Assets and Tax – From the Horse’s Mouth

Investment, TaxBy Schutte & VennoteSeptember 28, 2021

“The future of money is digital currency” (Bill Gates) If you are thinking of buying – or have bought – any “crypto asset” such as a crypto currency like Bitcoin, Ethereum, Polkadot, Solana (or any of the many other crypto currencies springing up all over the place), be aware of the tax implications. For a…

Got Cryptocurrency? Here’s How Much SARS Wants…

Investment, TaxBy Schutte & VennoteMay 27, 2021

The future of money is digital currency” (Bill Gates, Co-founder of Microsoft) Note: The risks and consequences of willfully or negligently failing to make full and true declarations to SARS, or to submit documents or information requested by SARS are now substantial, so ask your accountant for advice specific to your circumstances! Cryptocurrencies have been…

6 Tips for Getting the Most from Your Tax-Free Savings Account

Investment, TaxBy Schutte & VennoteNovember 27, 2020

“He said that there was death and taxes, and taxes was worse, because at least death didn’t happen to you every year.” (Terry Pratchett, Reaper Man) Tax-free savings accounts (TFSAs) have been around for just over five years, and yet many people still do not know about them, are unfamiliar with the benefits or don’t…

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