Cryptocurrency Q&A When do you need to file crypto taxes in Australia?

When do you need to file crypto taxes in Australia?

Alessandra Alessandra Sat Feb 22 2025 | 5 answers 963
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. When do you need to file crypto taxes in Australia?

5 answers

LightningStrike LightningStrike Mon Feb 24 2025
The Australian Taxation Office (ATO) has made it clear that crypto taxes must be filed alongside annual tax returns.

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Elena Elena Mon Feb 24 2025
This requirement applies every year, with the deadline set for the 31st of October.

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SamuraiWarriorSoulful SamuraiWarriorSoulful Mon Feb 24 2025
Filing crypto taxes is significantly more complex than filing standard tax returns.

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Martina Martina Mon Feb 24 2025
This is due to the volatile nature of cryptocurrencies and the complex transactions involved.

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Martino Martino Sun Feb 23 2025
Thankfully, there are numerous excellent tax software options available for Aussie taxpayers.

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