Cryptocurrency Tax

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The law around cryptocurrency tax is complex and on the radar with the Australian Tax Office. In 2020 the ATO issued approximately 350,000 notices to cryptocurrency investors.

It is important that you understand your tax obligations and keep accurate accounting records.

Waterhouse Lawyers have expertise in the crypto tax field; with specialised articles featured in both The Tax Institute and Thomson Reuters Tax Bulletin.

We understand crypto tax can be a grey area. Our expert cryptocurrency tax lawyers can help clarify topics such as:

Cryptocurrency and Capital Gains Tax;
CGT on Initial Coin Offerings (ICOs) when the value of the cryptocurrency is nil;
Converting cryptocurrency to fiat currency;
Tax laws around the sale or gift crypto;
Crypto-to-crypto trading;
Using crypto to obtain goods or services;
Personal use asset exemptions from CGT;
Chain splits of different versions of cryptocurrency;
Crypto tax reporting requirements to the ATO.

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Need tax help?

We are here to help when your tax or superannuation affairs become overwhelming.

We can liaise with the ATO if you are being audited; obtain a payment plan for a tax debt; and represent you in a tax court case.

CALL US TODAY

Need tax help?

We are here to help when your tax or superannuation affairs become overwhelming.

We can liaise with the ATO if you are being audited; obtain a payment plan for a tax debt; and represent you in a tax court case.

CALL US TODAY

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Satisfied Clients

Superannuation Guarantee – thank you

Good morning Tania,

Thank you again for all your help with the AustralianTaxation Office (ATO) Super Guarantee negotations.

I would like to thank you and your associates from the bottom of my heart, for your tireless work and efforts without I have no doubt I would not be sitting here today.

Majorie L—July 2018

Saving my life and company

Hello Tania,

I hope this note finds you well.

You may or may not recall our case.

I will keep this short, as I can imagine you are very busy, but wanted to update you of the outcome. After you went into bat for me against the ATO in 2018, due to them issuing a garnishee over the company leaving me nowhere to go.
With your persistence we reached an agreement…saving my life and my company!

In our last conversation you asked me to let you know how we ended up and told me “show them that we would make it”!

Today I am emailing you with an enormous smile on my face…our ATO Super Guarantee Account debt was finalised in August, 2020 and today we received the attached statement from the ATO…as of 8th December, 2020 this is also finalised.
It has not been an easy journey, especially with the additional challenges of COVID…but we survived!

Thankyou Tania from the bottom of my heart, as without you I would not be sitting here typing this email.
May I wish you, your family and colleagues a very Merry Christmas and a safe New Year.

Warm Regards,

Trisha F

Trisha F – December 2020

Never thought I could find help like that

Hi Tania,

I appreciate tremendously the advice and reassurance you gave me when I saw you . I never thought I could find help like that from anyone.

It was a pleasure meeting you and your staff.

Rita B—December 2017

Thank you from the bottom of our hearts: tax debt

Dear Tania

I want to thank you for responding so promptly to my request for assistance and thank you so much for assigning Lamees to look after our case.

She has been so very good to work with, I appreciate her skill at listening closely and understanding the specific details very quickly. She has assisted me personally by very gently managing my anxiety over this problem – by staying in touch and updating whenever possible.

We are of course hoping for a good outcome, but regardless of this it is comforting to know that she has a firm grasp of the issue and is dealing with it professionally and with sensitivity.

Kindest Regards

Help with DPN, tax debt

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Need tax help?

Need tax help?

Satisfied Clients

Superannuation Guarantee – thank you

Majorie L—July 2018

Saving my life and company

Trisha F – December 2020

Never thought I could find help like that

Rita B—December 2017

Thank you from the bottom of our hearts: tax debt

Help with DPN, tax debt

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