Crypto tax in Australia

We have partnered with KPMG to make tax time a breeze with the crypto tax estimator.
View video to learn more about the KPMG tax estimator

If you trade on other exchanges, you can import your trades into the Crypto Tax Estimator.

In addition to the KPMG Tax Estimator, if you run an SMSF you can export reports that integrate directly with BGL. Alternatively, you can download a CSV or PDF of all of your transactions.

Most of the time (for ordinary investors) the ATO treats buying and selling cryptocurrency in the same way it treats buying and selling of shares. That means a CGT event occurs every time you dispose of your cryptocurrency. Which includes trading it for another cryptocurrency. If you make a profit on the sale or trade of a cryptocurrency, then some, or all, of the gain may be taxed.

The rules are different depending on whether you bought the cryptocurrency as an investment, or if you 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 you’re a professional trader, there are different rules again and we suggest you seek professional assistance.

  • 1
    Log in to your account
  • 2
    Click Accounts
  • 3
    Click Tax - Powered by KPMG
  • 4
    Click Generate Tax Summary
View sample report here
Note: This is automatically done for you in the report.
Cryptocurrency AUD Price Date
Btc Bitcoin
46,070 .97
Eth Ethereum
2,839 .65
Xrp Ripple
0 .88636
Ada Cardano
1 .76270
Dot Polkadot
20 .4940
Uni Uniswap
23 .0464
Link Chainlink
25 .0700
Usdt Tether USD
1 .32650
Usdc USD Coin
1 .33000
Bch Bitcoin Cash
675 .24
Bsv Bitcoin SV
257 .00
Ltc Litecoin
186 .54
Mkr Maker
3,499 .99
Dai Dai
1 .33000
Comp Compound
412 .24
Snx Synthetix Network Token
9 .2300
Grt The Graph
0 .79621
5 .4432
Xlm Stellar Lumens
0 .36010
Etc Ethereum Classic
75 .10
Bat Basic Attention Token
0 .81577
Pmgt Perth Mint Gold Token
2,331 .61
42,979 .64
Aave Aave
308 .3080
Kncl Kyber Network Legacy
2 .65001
Zrx 0x
0 .89369
Omg OMG Network
6 .0229
Gnt Golem
0 .61102
Rep Augur
33 .53
Pla PlayChip
0 .00022

Prices are the last trade of the financial year. Can be used for tax calculation of the value of your crypto
holding for the purposes of reporting to the ATO (Australian Taxation Office).

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