Australian crypto tax calculator
Calculate your potential tax obligations using the KPMG Crypto Tax Estimator.
How to calculate your tax obligations on crypto
The Crypto Tax Estimator developed by KPMG is available within Independent Reserve’s user interface, and it allows you to estimate your tax obligations with just a few clicks.
Import trades
If you have traded on other exchanges, you can import your trades into the Crypto Tax Estimator.
SMSF reports
If you run an SMSF, you can export reports that integrate directly with BGL.
Download reports
You can download CSV or PDF reports of all of your transactions.
How crypto is taxed in Australia
According to the Australian Tax Office, Bitcoin and crypto are considered as an asset for capital gains tax (CGT) purposes.
Most of the time (for ordinary investors), the ATO treats buying and selling cryptocurrency in the same way it treats buying and selling shares. That means a CGT event occurs every time you dispose of your cryptocurrency, which includes trading it for another cryptocurrency. If you profit from the sale or trade of a cryptocurrency, then some or all of the gain may be taxed.
The rules differ depending on whether you bought the cryptocurrency as an investment or acquired it to use in the same way as fiat money to pay for goods and services. If you’re carrying on a business in cryptocurrency or a professional trader, there are different rules again and we suggest you seek professional assistance.
How to access your KPMG tax report
- Log in to your account
- Click TAX AND REPORTS in the nav menu
- Click Tax - Powered by KPMG
- Click Generate Tax Summary and follow the prompts
End of financial year cryptocurrency prices
| Currency | AUD Price | Date |
|---|---|---|
Btc | Bitcoin | 27,322 .00 | |
Eth | Ethereum | 1,460 .01 | |
Xrp | Ripple | 0 .44590 | |
Usdc | USD Coin | 1 .44703 | |
Usdt | Tether USD | 1 .45000 | |
Aave | Aave | 77 .3753 | |
Ada | Cardano | 0 .63398 | |
Bat | Basic Attention Token | 0 .46810 | |
Bch | Bitcoin Cash | 143 .80 | |
Comp | Compound | 69 .03 | |
Dai | Dai | 1 .41159 | |
Doge | Dogecoin | 0 .09269 | |
Dot | Polkadot | 9 .6729 | |
Eos | EOS | 1 .0254 | |
Etc | Ethereum Classic | 20 .75 | |
Grt | The Graph | 0 .12001 | |
Link | Chainlink | 8 .5800 | |
Ltc | Litecoin | 72 .80 | |
Mana | Decentraland | 1 .19480 | |
Matic | Matic | 0 .64390 | |
Mkr | Maker | 900 .01 | |
Omg | OMG Network | 2 .4730 | |
Pmgt | Perth Mint Gold Token | 2,664 .25 | |
Sand | The Sandbox | 1 .43910 | |
Snx | Synthetix Network Token | 5 .0998 | |
Sol | Solana | 45 .4600 | |
Uni | Uniswap | 6 .7374 | |
Xlm | Stellar Lumens | 0 .15140 | |
Yfi | yearn.finance | 7,633 .20 | |
Zrx | 0x | 0 .45301 |
the ATO (Australian Taxation Office).
Official Crypto Exchange of the Sydney Swans
