Crypto Tax Blog

How Does The ATO View Crypto Asset Wash Sales? The Australian Taxation Office (ATO) takes a firm stance against crypto asset wash sales, viewing them as a form of tax

What Happens If You Don’t Report Your Cryptocurrency Activities? In recent years, cryptocurrency has become an increasingly popular investment and trading option for Australians. However, many individuals may not be

Why You Need a Cryptocurrency Accountant: Navigating the Complex World of Crypto Taxation In the rapidly evolving landscape of cryptocurrency, investors and traders are facing increasingly complex tax obligations. As

How Can You Store Cryptocurrencies Safely? In the rapidly evolving world of digital assets, safeguarding your cryptocurrency investments is paramount. As an Australian investor, understanding the best practices for secure

How does the 12-month CGT discount apply to cryptocurrency? Cryptocurrency investors can benefit from a significant tax advantage known as the 12-month Capital Gains Tax (CGT) discount. This article will

What Are The Tax Implications Of Yield Farming? Yield farming has become an increasingly popular strategy in the world of decentralised finance (DeFi), allowing cryptocurrency holders to earn additional returns

Can I claim losses on cryptocurrency investments? Understanding Cryptocurrency Taxation The Australian Taxation Office (ATO) treats cryptocurrencies as assets for Capital Gains Tax (CGT) purposes. This means that any disposal

How does cryptocurrency affect my eligibility for government benefits? As cryptocurrency gains popularity, many people wonder how owning or trading digital assets might affect their eligibility for government benefits. This

How does the ATO view multi-signature wallets for tax purposes? As cryptocurrency adoption continues to grow in Australia, it’s crucial for investors to understand how the Australian Taxation Office (ATO)

How does the ATO view privacy coins for tax purposes? In recent years, the Australian Taxation Office (ATO) has intensified its focus on cryptocurrency taxation, including the treatment of privacy

How are cryptocurrency losses carried forward? In recent years, the cryptocurrency market has experienced significant volatility, leading many investors to face substantial losses. Understanding how to handle these losses from

What Records Do I Need To Keep For My Cryptocurrency Transactions? In the dynamic world of cryptocurrency, Australian investors must navigate not only market volatility but also stringent tax regulations.

Understanding The Importance Of A Crypto Tax Calculator In Australia Cryptocurrency has become a significant part of the financial landscape in Australia, with many investors engaging in buying, selling, and

Are there any tax-free thresholds for cryptocurrency gains? For Australian cryptocurrency investors and traders, understanding the tax implications of their digital asset activities is crucial. While cryptocurrency gains are generally

Moving Overseas with Cryptocurrency Investments: Tax Implications When relocating overseas with cryptocurrency investments, Australian residents must navigate complex tax implications. The Australian Taxation Office (ATO) has specific rules regarding the