Cryptocurrency and Taxes – We can help!
Did you know Greenhalgh Pickard can now help with your Cryptocurrency Tax obligations? Crypto trades and transactions require meticulous record keeping and we at Greenhalgh Pickard have developed a spreadsheet to assist with this.
Contact Greenhalgh Pickard today to discuss how we can help
Cryptocurrency and Tax Time
In case you missed it in our most recent newsletter, here’s some other information you might find useful as we get closer to Tax Time.
Remember, if you amend prior returns to include the Crypto CGT you can reduce/avoid potential ATO fees and auditing when you get flagged in the system.
The ATO has become aware that some taxpayers think that the anonymity of cryptocurrencies provides a licence to ignore their tax obligations, and are therefore not reporting their cryptocurrency capital gains or losses.
However the ATO is able to closely track where it interacts with the real world through data from banks, financial institutions and online cryptocurrency exchanges to follow the money back to the taxpayer.
Greenhalgh Pickard are here to help
To discuss any queries you have regarding your Cryptocurrency, contact us today on (07) 5444 1022 or email info@gpla.com.au.
7 tips to better mental health
It's Mental Health Week! We wanted to take this opportunity to share 7 simple steps to a clearer headspace. Working in the industry we do, naturally we are fierce advocates for...
Driving under the influence? Get advice today.
The risks of drinking, driving and random breath tests are advertised consistently, from TV to billboards. We are all aware of the two (2) standard drinks in the first hour, and...
What does the future of tax returns look like?
ATO Commissioner Chris Jordan has announced at Xerocon 2022 that the ATO plan on being fully digested by 2030. He outlined that the ATO executive group have authorised...
Contact Your Nearest Office
If you are interested in meeting with an accountant or lawyer regarding your business or commercial interests, please fill out the form to book an appointment or call (07) 5444 1022