22/06/2026
🚨 Do you own cryptocurrency? The ATO may be reviewing your crypto activity.
Buying, selling, exchanging, or transferring cryptocurrency can create tax obligations in Australia.
Many people assume they only need to report crypto when they cash out to their bank account. However, certain crypto transactions may have tax implications even before converting them into cash.
📊 The ATO may review:
✔️ Buying and selling activity
✔️ Capital gains and losses
✔️ Cryptocurrency exchanges and swaps
✔️ Crypto transaction records and movements
If you’ve traded, invested, or transacted in cryptocurrency during the financial year, it’s important to ensure your Tax Return accurately reflects your situation.
📩 Contact us if you’d like guidance on how cryptocurrency may impact your Australian tax obligations.
Disclaimer: General information only. Individual circumstances may vary.