Can I claim my crypto losses?
The ATO has released updated information on claiming cryptocurrency losses and gains in your tax return. Are you eligible to…
Cryptocurrency Archive
Tax and the Normalisation of Cryptocurrency
In early November, the Commonwealth Bank announced that it is now Australia’s first bank to offer customers the ability to…
Cryptocurrency Record Keeping
It is necessary to maintain good records for all transactions with cryptocurrency, whether you're using cryptocurrency, for personal use, in…
The ATO tightens the reigns on Crypto transactions as the data-matching program is locked in
As the ATO data matching program ramps up, Australians who have invested in cryptocurrency will no longer be able to…
ATO sheds light on crypto compliance focus
The Australian Tax Office has issued guidance on accurately accounting cryptocurrency transactions during tax time. It noted that it will…
What business structure is best for cryptocurrency investors?
There are a variety of business structures available in Australia, and each can make a significant difference to your future.
Are You A Cryptocurrency Consumer, Investor Or Trader?
For tax purposes, it is very important to know what category your cryptocurrency activity falls within.
What is a ‘Cryptocurrency’
A cryptocurrency is a digital or virtual currency that uses cryptography or encryption for security. A cryptocurrency is difficult to…
