Have you invested in cryptocurrency and need to prepare a tax return?

 

Cryptocurrency is treated as an asset like shares, properties, ETFs etc and attracts Capital Gains Tax and Income Tax. The Bottom-Line Accounting Group can help you with cryptocurrency tax advice, preparation and lodgement of your tax return, ensuring compliance with the ATO.

It is imperative to maintain accurate records of all cryptocurrency transactions, whether for investment, personal use, or business purposes. Proper record-keeping will facilitate the calculation and fulfillment of your tax obligations.

To learn more about how can assist you with your Cryptocurrency Tax obligations, please contact our offices.