Job and Company Description: This company in the services space is a prominent player in the field of crypto space, dedicated to delivering comprehensive support to individuals and businesses. With a strong commitment to navigating the complexities of South African tax laws, the firm prides itself on building meaningful relationships with clients, understanding their unique financial needs and goals in the ever-evolving world of cryptocurrency. This opportunity allows you to engage with the fintech landscape, leveraging your innovative mindset to provide cutting-edge solutions for crypto investors and traders.
Job Description: - Apply South African tax laws on crypto assets.
- Calculate and report crypto taxes to SARS by annual deadlines.
- Assist clients in legally minimizing tax liabilities.
- Analyze various crypto transactions (buying, selling, swapping, gifting).
- Determine tax implications and ensure accurate profit/loss reporting.
- Assess and calculate CGT on crypto gains.
- Determine effective tax rates based on the annual exclusion threshold and total taxable income.
- Evaluate crypto profits for income tax, applying relevant tax rates (18%-45%).
- Assist clients in meeting income tax obligations.
- Maintain detailed records of all crypto transactions, including mining, staking, airdrops, and DeFi activities.
- Stay updated on SARS regulations and collaborate with advisors and exchanges.
- Provide strategies for tax optimization
Qualifications and Experience Required: - Bachelors degree in accounting
- CA(SA) OR SAIT accreditation is essential
- 5 to 8 years managerial experience
- Experience in Tax and how it relates to Crypto is essential
- Strong analytical skills and attention to detail.
