With support for almost every exchange, doing your crypto taxes has never been easier.
We automatically categorize your transaction history and learn from your input. Support for ICOs, OTC, pools, airdrops, mining rewards, lost or stolen funds, crypto payments, and all your favourite exchanges.
As an Australian company we understand the unique tax preperation requirements of the ATO. We offer Australian based support.
As crypto traders, we understand the pain involved in doing your tax return. The last thing you want to do is manually record every trade.
We have optimised the user experience to minimise the amount of repetitive data entry compared to other sites on the market.
We are so confident in our product that if you are not happy with our services we offer a 30 day money-back guarantee. No fine print conditions.
Here to help you with your Australian crypto tax return.
Connect with all your favourite exchanges so you don't have to manually import data
Participated in ICO's? OTC Trades? Lost or stolen funds? No worries, we have you covered
Understand what trades to hold to maximize your long term tax deductions
We are based in Australia and offer high touch support to help if you are stuck
We use Google cloud services to store your data so you can sleep sound at night
No other tool will help you get your tax done faster. 100% satisfaction guaranteed
Yes we are based in Sydney, Australia.
Yes we always recommend using your own accountant. You can download an accountant friendly CSV file on the report page. Your accountant can then review and lodge on your behalf.
Yes our pricing covers all historical tax years. Our plan is an annual subscription and you can cancel anytime, with a 30 day money-back guarantee. You can generate a report for any year from 2013-2020 and ammend your tax return.
Import wallet and exchange data. View your trade history and mark any irregular payments accordingly. Click on summary report to see total capital gains and breakdown by symbol.
We look at your wallet history and categorize trades accordingly. You can also select trades as different types and support ICOs, OTC/Pools, Airdrops/Mining, Payments.
We have an annual subscription, cancel anytime, 30 day money-back guarantee. The subscription covers all historical tax years, so if you need to ammend your tax return you are covered under the one plan.
Yes, you can ammend your tax return. Our plan is an annual subscription, cancel anytime, with 30 day money-back guarantee and covers all historical tax years. You can generate a report for any year from 2013-2020 under the one plan.
We break down your transaction history using double entry accounting. You can then see each capital gains event line by line and a final report summary. Information includes: currency break down, cost of trade, fee if available, total gross gains, total net gains, long term gains, and amount remaining after trade. The report is downloadable in CSV format so that it can be shared with accountants or stored for compliance.
We offer raw CSV files and PDF summary downloads.
We are adding exchanges all the time. You can see the latest supported exchanges when using the free trial. Some of the supported exchanges include: 0x Protocol, AirSwap, Bamboo Relay, BTC Markets, Bibox, Binance, Bit2c, Bitaroo, Bitbank, Bitfinex, Bitflyer, Bitso, Bitstamp, Braziliex, Btctradeim, CEX, COSS, Cobinhood, Coinbase, CoinbasePro, Coinegg, Coinex, CoinTree, Coinjar, Coinspot, Coolcoin, Crypton, Cryptopia, DDEX, Decentrex, Deribit, DSX, ETHEN, ETHEX, Easy Trade, Enclaves, ERC dEX, EtherC, EtherDelta, Ethfinex, Exmo, Gate.io, GDAX, Gemini, Hardblock, Hitbtc 2, Ice3x, IDT, Independent Reserve, Kraken, Kucoin, Kuna, Kyber, Liqui, Mercatox, OasisDex, Paradex, Poloniex, Qryptos, Quoinex, RadarRelay, SharkRelay, SingularX, Swyftx, Tidex, Token Jar, TokenIon, Token Store, Tradesatoshi, Wex, Yobit.
If you cannot see a your required exchange on our list please email [email protected] We are always adding support for new exchanges and will prioritize your request.
No, you or your tax agent are ultimately responsible for the correctness of your tax return. CryptoTaxCaculator aims to be as accurate as possible, but it is an automated software system and sometimes things go wrong. If you are unsure how classify a transaction, or not sure about the validity of the output, you should check with your accountant or contact support. We have an accountant directory to help you find specialists who can assist you. More about what is covered can be found in our terms of service.
If you have sold crypto or traded one cryptocurrency for another this is generally a tax event for capital gain/loss purposes. You can also earn income from crypto from activities such as staking or earning interst.
Crypto tax capital gains is calculated by subtracting the cost from total proceeds. Total proceeds is calculated by multiplying the price of crypto currencies at time of sale by the amount sold. Cost is calculated based on when you purchased the crypto currency. E.g. if you bought 3 bitcoins for $1,000 and sold them all at $10,000 your total capital gain is (10000 x 3) - (1000 x 3) = $27,000.
Capital gains on crypto tax are calculated based on your capital gain tax rate which can vary by region. You can also be charged income tax on things like interest earned from staking.
Alghough blockchains such as Bitcoin do not directly report to the government this does not matter because there is a clear permanent paper trail of all transactions on the blockchain. The government just needs a single data point to start connecting you to your transaction history and many exchanges are required by law to report to the government.