I'm an investor in cryptocurrency in Australia and I'm wondering when I need to file taxes on my crypto earnings. I've heard there are specific tax rules regarding cryptocurrency and I want to make sure I'm compliant with Australian tax laws.
5
answers
LightningStrike
Mon Feb 24 2025
The Australian Taxation Office (ATO) has made it clear that crypto taxes must be filed alongside annual tax returns.
Elena
Mon Feb 24 2025
This requirement applies every year, with the deadline set for the 31st of October.
SamuraiWarriorSoulful
Mon Feb 24 2025
Filing crypto taxes is significantly more complex than filing standard tax returns.
Martina
Mon Feb 24 2025
This is due to the volatile nature of cryptocurrencies and the complex transactions involved.
Martino
Sun Feb 23 2025
Thankfully, there are numerous excellent tax software options available for Aussie taxpayers.