Prepare crypto information for the year in which the taxable event occurred. A tax return filed during 2026 may relate to 2025/26; the current calendar year does not select the tax rules.

Which tax year applies?

2025/26 runs from 1 March 2025 to 28 February 2026. 2026/27 runs from 1 March 2026 to 28 February 2027. The individual CGT annual exclusion is R40,000 for the former and R50,000 for the latter.

What records should I prepare?

  1. Export every exchange and wallet history.
  2. Separate purchases, sales, swaps, rewards and transfers between your own wallets.
  3. Reconcile ZAR proceeds, substantiated base costs and allowable fees.
  4. Identify whether receipts or disposals are capital or revenue in nature.
  5. Reconcile annual totals to the documents supporting your return.

Which return fields should I use?

Use the current ITR12 and SARS instructions for that assessment year. Capital disposals and revenue activity need appropriate treatment. This guide does not prescribe a universal source code: the correct fields depend on the activity and the return’s questions.

What should I check before submission?

Holding crypto or moving it between your own wallets is different from earning income or disposing of it. A result below the CGT exclusion does not by itself remove filing obligations. Our annual estimate helps reconcile totals; a practitioner can resolve classification or historical errors.