Cryptocate Cryptocurrency Tax Reporting
- Free introductory call and quote
- Personalised crypto tax reporting service
- Suitable for everyone with any crypto tax needs
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
If you’ve caught the digital currency bug and bought or sold any cryptocurrency in the past financial year, you’ll need to make sure all your transactions are properly reported to the ATO.
However, understanding and meeting your crypto tax obligations can be confusing and often downright difficult, so you may need to ask an expert for help. Cryptocurrency tax agents and accountants can use their specialist knowledge to ensure that you maximise your return without ending up in the ATO’s bad books.
Keep reading for details on how to find and compare cryptocurrency tax specialists in Australia.
Yes. While the rules surrounding cryptocurrency and tax in Australia are complex, you need to be aware of a few crucial points:
There are several other important factors that could impact your crypto tax obligations, so check out our beginner’s guide to cryptocurrency tax in Australia for more information.
Why should you consider getting help from a cryptocurrency tax specialist to lodge your tax return? There are several reasons:
The term “accountant” can be used to refer to a professional who performs a variety of roles ranging from tax accountants and financial accountants to management accountants.
Tax agents are accountants that specialise in preparing and lodging income tax returns. Anyone who charges a fee to prepare income tax returns must be a registered tax agent, which means they are registered with the Tax Practitioners Board and licensed to provide tax services to the general public.
As with so many other things in life, the key to finding a good tax agent is to shop around. There’s certainly no shortage of options to choose from, so it’s worth taking the time to compare several agents before making your final decision.
Looking at an agent’s experience, qualifications and knowledge concerning crypto tax matters should help you narrow down your choices, but meeting with an agent should help you find the right person for you. A good tax agent will ask lots of questions about your financial situation, and encourage you to ask your own questions so you can get a better understanding of your tax obligations.
This process should help you find someone with the right knowledge and skills to help you maximise your return.
When comparing cryptocurrency tax specialists to find one that’s right for you, make sure you consider the following factors:
By doing a little research and asking the right questions, you’ll be well placed to find the right agent to help you complete your cryptocurrency tax return.
You could sign up for cryptocurrency portfolio tracking platform. Some platforms sync with your exchange accounts to track your capital gains and losses to calculate how much tax you'll be paying.
Disclosure: At the time of writing, the author holds ADA, ICX, IOTA and XLM.
Learn more about the DOT cryptocurrency in this beginner’s and buyer’s guide.
Learn more about the AAVE cryptocurrency in this beginner’s and buyer’s guide.
Own one of the finest chess sets crafted by Dal Rossi with our helpful guide.
Find and compare quotes from reputable companies in Darwin.
Your comprehensive guide to starting an asbestos removal company.
Our guide to setting up a business administration business.
Get set up to provide support services remotely with our guide to launching a virtual assistant company.
Read our comprehensive guide to starting a wedding planning business you can be proud of.
Here is the essential info you need to know about investing in the stock market for your children.
Need an owner-occupier home loan? Compare rates, understand home owner tax rules and more.
finder.com.au is one of Australia's leading comparison websites. We compare from a wide set of banks, insurers and product issuers. We value our editorial independence and follow editorial guidelines.
finder.com.au has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product or service.
Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances. While our site will provide you with factual information and general advice to help you make better decisions, it isn't a substitute for professional advice. You should consider whether the products or services featured on our site are appropriate for your needs. If you're unsure about anything, seek professional advice before you apply for any product or commit to any plan.
Products marked as 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money here.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.