The Australian financial year has ended, marking a critical time for crypto investors to ensure accurate and compliant tax returns. Our tax team has put together a comprehensive tax guide on what you need to do now that we're past 30th June.

In Australia, the banking landscape is constantly evolving, especially with regards to handling crypto bank accounts. While the Big 4 Australian banks — CBA, NAB, ANZ, and Westpac — have tightened policies on deposits to crypto exchanges, mid-tier and challenger banks have emerged as the new crypto-friendly banks.

Cryptocurrency record keeping is an essential part of managing your crypto assets in Australia and is required to meet your tax obligations.

Syla partners with Australian crypto platform, CryptoSpend, with the aim to empower Australians to spend their crypto without the tax headache.

Syla partners with Australian digital currency exchange, Digital Surge, with the aim to streamline tax reporting for users and maximise their potential tax savings.

Syla partners with trusted Australian crypto platform, Coinstash, to simplify tax reporting for individual and private wealth clients

Your ultimate guide to doing your crypto tax in Australia. With tax minimisation tips from Australian tax lawyers and accountants.

Syla recently submitted a response to the Board of Taxation's consultation guide for the review of tax treatment of digital assets and transactions.

Syla and BGL have integrated to offer instant sync of cryptocurrency transactions for SMSFs, eliminating tedious manual journals and simplifying compliance work for accountants.

Once you’ve synced the crypto transactions from Syla into BGL, there’s a few steps you can do to confirm that everything has come through perfectly.

Manual journals are out, and instant sync is in! Accountants can now easily solve crypto SMSFs in BGL Simple Fund 360 with Syla, instead of avoiding them.

Investing in crypto through an SMSF can be complex, and it's important that SMSF accountants understand their responsibilities and what to look out for when it comes to managing their client’s SMSF crypto holdings.

SMSFs are a highly regulated entity, and it’s particularly important when it comes to crypto investments, that all super laws contained in SISA and SISR are being complied with.

We’ve turned SMSF crypto accounting trauma, into compliance pleasure 😊. This mega-series on solving SMSF crypto compliance will mean you can start solving crypto SMSFs in your public practice, instead of turning them away.

Knowing the Australian tax treatment of a crypto airdrop will ensure you are correctly reporting any tokens you receive in your tax return.

Using a crypto SMSF might just be the most tax effective way to save for retirement in Australia.

Bartercard, class actions, and is Qoin a pyramid scheme that caught out unsuspecting Australians?

Crypto to crypto swaps are considered taxable by the ATO, and are subject to capital gains tax for investors.

Australian tax law let’s you claim every single crypto loss on your tax return and it can lead to massive tax savings 🙂 here’s how!

As an Australian taxpayer, if you purchased crypto for an investment, then you’ll be subject to Capital Gains Tax (CGT) when you sell or dispose of your crypto.

In 2021 Australian exchange ACX collapsed, leaving many investors wondering if they could claim a crypto tax loss on ACX.

LUNA was revived in the form of a new blockchain and token, but the question for many Australian investors, is what do I do with my worthless LUNA, and can the LUNA loss be claimed on my tax return?

Celsius, a once high performing global crypto platform, has filed for Chapter 11 bankruptcy in the US. With the initial shock over, many Australian investors are now asking if they can at least claim the tax loss on their Celsius investments?

We’ve detailed the ten most effective and legal ways to minimise your crypto tax without sending red flags to the ATO. We call them crypto tax hacks, because they are the legal tax loopholes in Australia that you are allowed to take advantage of.

With taxes in Australia capping out at an excruciating 47%, the question on the mind of many crypto investors is, how do I avoid paying crypto tax? While it’s rare to be able to fully reduce your tax to zero, there are some well know strategies within the tax industry that you can use, and a number of situations where you can legally avoid crypto tax entirely.

Online NFT marketplaces that are considered an Electronic Distribution Platforms (EDP), are required to collect and remit GST on sales from merchants to Australian consumers.

Crypto traders who have stopped trading should consider if their activity has changed from trading to investment. There are important tax implications to consider.

Crypto investors that are now actively trading should consider if their activity has changed from investing to trading. The change in nature of the activity has important tax implications.

Crypto gambling may be one the few opportunities available to legally pay no crypto tax in Australia. Lucky punters get to hold on to their winnings and share nothing with the ATO.

Those with substantial losses due to the FTX bankruptcy will want to claim the tax loss. In this article we explain how and when a capital loss can be claimed when there are insolvency proceedings.

The personal use asset exemption is one of the few opportunities in Australia where you can legally pay no crypto tax. Achieving the personal use tax exemption can have a large impact on your tax outcome, but you must structure correctly to avoid scrutiny from the ATO.

Fees charged on crypto withdrawals for Australian users, are subject to GST. If you are registered for GST, then you may be able to claim at least 75% of the GST paid, provided the crypto exchange you use is collecting GST and you have the necessary documentation.

Crypto investors in Australia have disposals of crypto treated as capital gains, while traders have their crypto treated as trading stock. These are distinctly different tax treatments in Australia and have important differences in the resulting tax implications that should be considered.

An increasing number of Australian’s are choosing to be paid in crypto by their employers. We will explain every possible way to pay employees with crypto and the tax implications it will have on your business.

Funding from the Boosting Female Founders grant will enable Syla to bring tax certainty to Australian crypto investors, with its AI-driven crypto tax software.

You can claim a crypto tax loss as an individual taxpayer holding crypto assets for investment, provided you keep appropriate evidence.

With the launch of Syla, Australian Accountants can now confidently deliver compliance services to their crypto clients.