How Crypto Is Taxed in Australia
The Australian Taxation Office (ATO) treats cryptocurrency as a CGT asset. When you sell, swap, spend, or gift crypto, it triggers a capital gains tax (CGT) event. Crypto gains are included in your assessable income and taxed at your marginal rate. If you held the asset for more than 12 months, you may be eligible for the 50% CGT discount.
CGT discount for long-term holds
One of the most valuable concessions for Australian crypto investors is the 50% CGT discount. If you hold a crypto asset for at least 12 months before disposing of it, only half of the capital gain is included in your assessable income. Our engine tracks holding periods for every disposal and applies the discount automatically where eligible.
- FIFO cost basis: We use First In, First Out to match each sale to the earliest available purchase lot. The holding period is calculated from the acquisition date of each matched lot.
- Personal use asset exemption: Crypto acquired for under $10,000 and used to purchase goods or services for personal use may be exempt from CGT. This exemption does not apply to crypto held as an investment.
- Crypto-to-crypto swaps: Swapping one token for another is a CGT event. The proceeds are the fair market value of what you received at the time of the swap.
- FX conversion: All values are converted to Australian dollars (AUD) using historical daily exchange rates from the ECB.
Australian financial year and deadlines
The Australian tax year runs from 1 July to 30 June. For example, the 2024/25 financial year covers 1 July 2024 to 30 June 2025. Individual tax returns are due by 31 October. If you lodge through a registered tax agent, the deadline may be extended to the following May.
What you need to report
Capital gains and losses from crypto go in the Capital Gains section of your individual tax return. If you received staking rewards, mining income, or airdrops, these are generally treated as ordinary income at the time of receipt and reported in your assessable income.
ATO enforcement and data matching
The ATO has been actively data-matching crypto exchanges since 2019, requiring Australian exchanges to report user transaction data directly. The ATO has issued over 400,000 warning letters to crypto holders reminding them of their reporting obligations.
If you traded on an Australian exchange or transferred AUD to any exchange, the ATO likely already has your data. Accurate reporting is essential to avoid penalties and interest.
What's in the report
Your paid PDF includes a capital gains filing table mapped to the ATO's CGT schedule, a crypto income summary for staking and rewards, top assets by P&L, end-of-year holdings with cost basis, and a complete transaction audit trail. All values shown in AUD with historical exchange rates. Long-term disposals are flagged so the 50% CGT discount is easy to apply.
DeFi, wallets, and Bitcoin
If you also traded on-chain, add your wallet addresses to merge exchange data with DeFi activity across 41+ EVM chains, Solana, and Bitcoin. Hold BTC in a hardware wallet? Add your Bitcoin addresses (P2PKH, P2SH, Bech32, or Taproot) and we scan your full history. Up to 5 EVM/Solana wallets and 3 BTC addresses per report.
Australia crypto tax deadline
The ATO self-lodgement deadline for the 2024/25 financial year is 31 October 2025. Tax agent lodgement extends to 15 May 2026. See Australia crypto tax deadline 2025 for key dates and penalty details.
Other countries and calculators
We also generate country-specific reports for the US, UK, Canada, New Zealand, India, and South Africa. We support Coinbase (35+ transaction types), Binance (75+ operations), and Kraken (ledger format with refid pairing). If your trading year also touched offshore spot venues, see our Bybit, OKX, Crypto.com, or MEXC pages too.