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When you dispose of a crypto asset exchange token, such as Bitcoin, you may need to pay Capital Gains Tax (CGT) if you sell the token at a profit. The crypto market has been very volatile over the last few years with huge losses, which also need to be reported.

If you’d like a summary of the main tax implications from buying, selling and investing in cryptocurrency, please read our guide, which covers the following topics: 

  • What is cryptocurrency? 
  • Common crypto assets
  • Where is cryptocurrency located for tax purposes? 
  • Do you pay tax on crypto gains? 
  • When do you pay tax on crypto? 
  • Record keeping

The TaxAssist network provides a crypto currency solution to individuals and businesses so your crypto taxes can be prepared quickly and efficiently. 

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Arrange a free consultation in person or via video with your local accountant. It’s an informal chat to get to know you and find out more about the help you are looking for.

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We clearly explain the support available to you and are happy to act as business advisors in order to help you grow your business.

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Our fees are fixed and tailored specifically to each individual's needs, so that you only pay for the level of support and services that you require.

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Running your own business can be challenging so why not let TaxAssist Accountants manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your accountant, then perhaps it’s time to make the switch?

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Local business focus

We specialise in supporting independent businesses. Each TaxAssist Accountant runs their own business, and are passionate about supporting you.

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We enjoy talking to business owners and self-employed professionals who are looking to get the most out of their accountant. You can visit us at any of our multiple locations, meet with us online through video call software, or talk to us by telephone.

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Switching is simple

Changing accountants is easier than you might think. There are no tax implications and you can switch at any time in the year and our team will guide you through the process for a smooth transition.

See how TaxAssist Accountants can help you with a free, no obligation consultation

1300 513 332

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