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Crypto Tax Experts

Your crypto tax is handled by registered tax agents and qualified accountants with specialist expertise in cryptocurrency.

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Know Your Costs Upfront

Simple starting prices help you understand costs early, with no confusion around what you are paying for.

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Instant & $0 Upfront Refund Options

Instant refund options available up to $500 for eligible returns, with the option to pay fees from your refund.

Reliable, Stress-Free Lodgements

Rated 4.7 stars across 1,400+ reviews and trusted by over 58,000 clients, we have a strong track record of delivering reliable tax support.

Our Crypto Tax Services

We make crypto tax simple. Whether you’ve made a few trades or have thousands of transactions across multiple wallets and exchanges, we handle the calculations, compliance, and lodgement for you.

From $77

  • Accurate capital gains and loss calculations across all wallets and exchanges
  • Identification of all taxable income events including staking, airdrops, and DeFi
  • Correct AUD valuations and cost base calculations
  • Clear summary of your tax position before lodgement

From $209

  • Full crypto tax calculation plus complete tax return preparation and lodgement
  • Maximised deductions across all eligible expenses
  • Application of CGT discounts and carry-forward losses
  • ATO-compliant lodgement handled end-to-end
  • Designed to maximise your refund and minimise errors
Please note: If your records are incomplete, additional fees may apply due to the time required to reconstruct transaction histories.
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Very happy with the process quick and easy nice people and a professional performance very happy with the outcome and a quick return
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4 days ago
Love the service always simple and easy to use
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4 days ago
Very easy to lodge, staff were very helpful with any queries!
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6 days ago
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3 weeks ago
Tax was quick and easy over the phone.
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4 weeks ago
Fantastic immediate attention, individual attention, hassle free and knowledgeable tax people, with a great refund thankyou sincerely.
Rachelle Thompson
3 months ago
The process is easy and the staff are extremely helpful.

What Is and Isn’t Taxable

Many people assume tax only applies when converting to cash, but that is not the case. In Australia, a range of crypto transactions can create a taxable event even if no Australian dollars hit your bank account.

01

Taxable events

  • Selling crypto for AUD
  • Swapping one coin for another, such as BTC to ETH
  • Spending crypto on goods or services
  • Gifting crypto to another person
  • Trading activity across exchanges
  • DeFi transactions including lending, liquidity pools, wrapping, and liquid staking
02

Non-taxable events

  • Buying crypto with fiat currency
  • Transferring crypto between your own wallets
  • Holding crypto without disposing of it
  • Small personal-use purchases in limited cases under ATO guidelines

Our Simple Crypto Tax Return Process

Our process is the same for every client – 100% online, secure, and handled by registered tax agents. Only the refund speed and payment options change depending on your return type.

Start by speaking with our team about your crypto activity, tax situation, and the level of help you need.

For crypto only, upload your CSV files, API exports, wallet addresses, exchange history, and any other relevant tax documents through our secure system.

For full tax return lodgments, also send payment summaries, receipts, rental statements, or business records via our encrypted portal.

We calculate your capital gains, losses, income events, holding periods, and eligible discounts. If you choose the full tax return service, we also review your wider tax position and identify all eligible deductions.

If you only need a crypto tax calculation, we provide a clear summary of your results. If you choose the full tax return option, we prepare your complete return and finalise everything for lodgement.

*Wherever possible.

For full tax return clients, we lodge your return with the ATO and help you access the option that suits you best:

  • Standard ATO refund timeframe for lodged individual returns
  • Instant refund options may be available for eligible returns up to $500
  • $0 upfront fee options available, with fees able to come from your refund

This gives you flexible support whether you only need your crypto figures worked out or want the full service handled from start to finish.

Meet Our Crypto Tax Experts

Crypto Tax Guide

Yes. The Australian Taxation Office treats cryptocurrency as a capital gains tax (CGT) asset. This means profits from selling, swapping, or using crypto can be taxed, and some activities are treated as income.

Crypto is taxed in two ways. Capital gains tax applies when you dispose of crypto, and income tax applies when you earn crypto through activities like staking, mining, or airdrops. The amount you pay depends on your total taxable income for the year.

No. Selling is only one type of taxable event. Swapping coins, spending crypto, and many DeFi transactions also trigger tax.

Yes. Swapping one cryptocurrency for another is treated as a disposal, meaning CGT applies based on the value at the time of the swap.

No. Gifting crypto is considered a disposal and may trigger capital gains tax based on the market value at the time of the transfer.

Common taxable events include selling crypto, swapping coins, spending crypto, gifting it, trading, and most DeFi activities such as staking, lending, and liquidity pools.

You calculate the difference between your purchase price and sale price in Australian dollars. This includes factoring in fees, holding periods, and applying any eligible CGT discounts.

Most people are classified as investors and may qualify for the 50% CGT discount. Traders operate more like a business, meaning profits are taxed as income, but expenses may be deductible.

Only if you are classified as an investor and hold the asset for more than 12 months before disposing of it.

Staking rewards and mining income are generally taxed as ordinary income based on their market value when received.

Most airdrops are treated as income at their fair market value when you receive them. If you later sell them, CGT may also apply.

Yes. Fees can either be added to your cost base for CGT purposes or claimed as a deduction depending on how the transaction is treated.

Capital losses can be used to offset capital gains in the same year or carried forward to offset gains in future years.

No. You cannot legally avoid crypto tax, but you can reduce it by correctly applying deductions, offsets, and CGT discounts.

Crypto is reported in your tax return either through myTax or a registered tax agent. You must include all capital gains, losses, and income from crypto activities.

You need transaction history, wallet records, exchange data, AUD valuations, dates, and fees. These records must be kept for at least five years to support your return.

All transactions must be combined and reconciled into a single, accurate tax position. This can be complex, which is why many people use a tax agent.

Yes. The ATO receives data from major exchanges and uses data-matching programs to identify unreported crypto activity.

 

We can amend previous tax returns to correct this. It is better to fix it early to avoid penalties or audits.

We can amend previous tax returns to correct this. It is better to fix it early to avoid penalties or audits.

Have a Query?

Get in touch with our crypto tax accountants in Sydney or visit our office today!

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