Crypto tax has two parts, and they are easy to confuse. First, you need a complete, credible record of what happened across your exchanges and wallets. Then you need to decide what those transactions mean for your tax return. Coinfig handles the first part. A tax practitioner helps with the second.
This applies to a few trades or years of activity across several exchanges and wallets. A practitioner can review the reports alongside facts that the transaction history does not contain.
Check both the calculations and the tax treatment
Crypto records are unusually hard to reconstruct. A trade on one platform, a withdrawal to a wallet, and a deposit at another platform may be one transfer, not three unrelated transactions. Staking rewards have to be identified and valued when received. A crypto-to-crypto swap can be a disposal even when no money touched your bank account.
Coinfig brings that history together. You can connect supported exchanges with read-only API keys, import CSV files, match transfers, and check for missing or unexplained history before relying on your figures. The resulting reports give you transaction schedules, capital gains summaries, income breakdowns, and the workings behind the totals.
Transaction records do not establish your intention when buying an asset or the commercial context of your activity. Those facts can affect whether a gain is capital or revenue and how you complete the return. A practitioner can help assess them.
What each brings to the job
Coinfig prepares the calculations and supporting schedules. A practitioner reviews the treatment in your circumstances.
| Coinfig | Tax practitioner |
|---|---|
| Reconstructs and checks your transaction history | Applies the tax treatment to your individual circumstances |
| Produces transaction schedules, capital gains summaries, and income breakdowns | Reviews complex classification and filing decisions |
| Helps identify missing history and unexplained balance changes | Can assist with tax queries, objections, audits, or VDP matters |
What a tax practitioner adds
A qualified tax practitioner can review your reports alongside the facts of your situation. In a more involved case, they can help you:
- Assess whether transactions should be treated as revenue or capital in nature.
- Deal with activity that needs explanation, such as mining, staking, airdrops, derivatives, or a business that accepts crypto.
- Check what should be included in your return and retain the supporting records your revenue authority may request.
- Handle prior-year issues, objections, audits, or a Voluntary Disclosure Programme application.
That does not mean every crypto holder needs a lengthy engagement. If your history is simple and complete, Coinfig may give you the clear figures you need to prepare your return. The value of a practitioner rises when the records are incomplete, the amounts are material, the activity is complex, or you are unsure which tax treatment applies.
Prepare records for your practitioner
If the transaction record is incomplete, a practitioner may first need to trace transfers, request missing exports, and investigate balance changes. Preparing those records before the consultation gives them more time to review the tax treatment.
Coinfig helps you arrive prepared. Before your consultation, connect or upload every source you have used, resolve the gaps the completeness check identifies, and export the reports for the relevant tax year. Bring any supporting documents that explain unusual activity, such as wallet addresses you control, loan records, or reward statements.
Your practitioner can then spend their time reviewing the treatment and advising on the return, rather than rebuilding a ledger from screenshots and email attachments.
Our tax-practitioner partners
Coinfig partners with practitioners who can help when you need specialist advice. Forvis Mazars has digital-assets expertise globally. Tax Consulting South Africa has specialist crypto-tax expertise, including capital-versus-revenue classification.
These partners can advise on your own circumstances. Coinfig remains the reporting and calculation tool, and it does not provide tax advice or lodge returns on your behalf.
Get your records ready
Start by getting the history right. Gather records from every exchange, wallet, and CSV you have used. Add them to Coinfig, work through the completeness check, and review the reports.
If the records are complete and the treatment is clear, use the reports to prepare your return. If you need advice, take them to a qualified practitioner. You can contact Forvis Mazars or Tax Consulting South Africa to discuss your circumstances.
For the tax rules behind the report, read our guide to how SARS taxes crypto in South Africa. If you have past crypto activity that was never declared, read the guide to the SARS Voluntary Disclosure Programme and speak to a practitioner before taking action.
This article is general information, not tax advice. Crypto tax outcomes depend on your specific circumstances. For complex situations, consult a qualified tax practitioner.