C1Reports and your data1 min 18 sec
Read your tax report, page by page
What each page of the Coinfig tax report tells you, and what you do with it.
Key points
- The cover identifies the report: tax year, method, currency, classification and how many sources it covers.
- The ITR12 section follows the return panel by panel, rounded to the rand, with SARS source codes where needed.
- Read Assumptions you are certifying before you file, because you confirm them when you use these figures.
- Coinfig does not file for you; you or your practitioner complete and submit the return.
- Keep Schedules A and B with your records, since SARS expects records for at least five years.
Chapters
Learn more
- FeatureTax reports and exports
Every report type, and what each one contains.
- GlossaryITR12
The return these panels are transcribed into.
- GlossaryProceeds
What Schedule A means by proceeds, measured in rands.
- GlossaryBase cost
The cost side of every disposal in Schedule B.
- GuideCrypto tax questions (South Africa)
Short answers on filing, records and what software does.
Keep learning
C2Reports and your data
The audit report, 1 min 21 sec, watched
Choose the sections a reviewer needs, and show how you reached your figures.
Episode 07
Tax rules and the treatment map, 1 min 52 sec, watched
Set your method and classification, decide the unsettled cases, and read the tax treatment map.
Episode 02
Complete your records, 1 min 29 sec, watched
Read your completeness score, follow the biggest cause, and fix it at the source.
Read the transcript
What does each page of your Coinfig tax report tell you, and what do you do with it?
On Tax reports, pick the tax year and the Tax report, a short summary for your return. Download it as a PDF.
The cover identifies the report: the tax year, the method, the currency, the classification and how many sources it covers.
What to enter on your ITR12 follows the return section by section, rounded to the rand, with the SARS source codes where the form asks for them. The panels that apply to your year show up here: capital gain or loss, trading profit or loss or other income, and your statement of assets and liabilities. Assumptions you are certifying lists what you confirm when you use these figures. Read it before you file. Coinfig does not file on your behalf. You or your practitioner complete and submit the return.
Schedule A summarises proceeds, costs, income and fees. Schedule B breaks your disposals down by asset.
Check the cover. Transcribe the ITR12 panels. Keep the schedules.