No, your details are not shared with the South African Revenue Service (SARS).
Revix will share the details that you provide with our tax partner who will help you calculate the taxes on your crypto investments.
From there, you can confidently take care of your crypto taxes yourself using the Crypto Tax Pack that is provided.
Once I send a request form, am I bound by it?
Once you have requested a quote to calculate your taxes, you can decide on whether or not you want to continue, no strings attached!
Can I use this service with investments on other wallets and/or exchanges?
Yes! You’ll have to gather the necessary statements of your transactions on other platforms and exchanges before we can provide you with a tax quote. It is important that you provide a complete set of statements for the tax period required - we can only provide accurate tax packs if we receive accurate information.
Assuming your assets are on your Revix account only, this process will be completely handled by us.
Who is Revix’s tax partner?
Revix has partnered with Crypto Tax Consulting to bring you Revix Tax.
Crypto Tax Consulting is a global company made up of admitted attorneys, chartered accountants and compliance experts and is at the forefront of all matters related to tax and tax compliance.
What happens after I have received a quote for my Crypto Tax Pack?
Once you receive a quote to create your crypto tax pack, you can decide to continue or to decline the quote received.
To continue, you’ll need to process a payment for quoted amount. From there, we’ll crunch the numbers to prepare your Crypto tax pack.
What does this service cost?
The cost of this service is dependent on the complexity of your investing activities and starts at R1 250 for a completed tax pack.
Investing involves risks, including loss of capital, illiquidity and should be done only as part of a diversified portfolio. Please read the General Risk Disclosures and Crypto Risk Disclosures before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.
It is not intended to be a promotion of any individual investment opportunity and is not an offer to the public. The summary information provided about investment opportunities on this webpage is intended solely to demonstrate the types of investments available on the Revix platform.
Revix’s cryptocurrency-related services are not regulated by any regulatory body. Please be aware that you’ll have no recourse to any financial ombudsman service or any financial regulator or authority in the event of a complaint relating to our cryptocurrency services. Please note that your Revix account is not protected by a financial services compensation scheme and your cryptocurrency holdings may experience price volatility resulting in a high degree of risk which can result in the loss of your invested capital. Before investing, you should ensure that you fully understand all the risks involved and take into consideration your level of experience and investment objectives. You should not invest more than you can afford to lose. Revix does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with us, you should consult a professional adviser.
Revix does not make investment recommendations to you. No communications from us, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful.
The information on this site is not directed at residents of the United States or any particular country where such distribution or use would be contrary to local law or regulation. The services offered to you by us is done through Revix SA OpCo (Pty) Ltd which is a company registered in South Africa with company number 2018/352788/07 and registered address at Suite 302, The Equinox, 154 Main Road, Sea Point, 8005, Cape Town, South Africa.