Tag: crypto
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 buy, sell and hold crypto assets, directly through the CommBank app.
Cryptocurrency Record Keeping
It is necessary to maintain good records for all transactions with cryptocurrency, whether you’re using cryptocurrency, for personal use, in business or as an investment.
Cryptocurrency Tax 2021 | What are the ATO Targeting this Year? | Cryptotax with Andrew Bragg
The ATO is targeting the cryptocurrency investors and traders in their 2021 tax. Pat chats about the Cryptotax Number One tax advisor Andrew Bragg and the most recent news for those with cryptocurrencies. Check out this video for more!
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 conceal their transactions from the ATO to avoid paying tax.
The Tax Handling of Cryptocurrencies in Australia
Cryptocurrency has been the term on everyone’s mind lately, the ATO is figuring out how to be sure that investors and traders aren’t dodging their taxation responsibilities.