Traders and short-term investors, or speculators, frequently trade crypto assets, often disposing of them when opportunities arise to make a profit. These individuals are taxed on their entire crypto profits, deducting any allowable expenses, at their normal income tax rate. How does one distinguish between a trader and a short-term investor, and when does one pay Income Tax on crypto transactions? On this episode, we answer those questions.

Hosted by Christo de Wit, Country Manager, Luno South Africa. We’re joined by a leading expert who will help demystify the world of crypto tax:

Jashwin Baijoo, Associate Director, and Head of Crypto Asset Compliance at Tax Consulting South Africa.

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Luno (Pty) Ltd is an authorised FSP, reg no. 53314. The information does not constitute financial or tax advice, nor a solicitation to trade. Luno makes no warranties or representations as to the veracity of any information provided by guest speakers. Tax consequences depend on your individual circumstances as a taxpayer. You should always consult with your own tax advisor for definitive advice.