Cryptocurrency Tax - EDR Accounting

Crypto Trading
Taxes Made Easy

Paying too much tax on Crypto trading? We’ll guide you through everything you need to know about manage your Crypto Tax

Are you an investor or a trader?

Understanding whether you are categorised as a Cryptocurrency investor or trader in tax is crucial to understanding your Crypto tax obligations.

Whether you're a just starting out, an expert, professional or a day trader, we've tailored a package for you. The Monthly Packages we offer include monthly performance reports (including tax positions and liabilities), year-end tax summaries and your personal tax return (Simple tax returns only, extra fees for sole trader/other investments).

Starter

$65p/m

< 20

NUMBER TRADES P/M

Monthly Performance & Tax Report
Year End Tax Summary
Includes Personal Tax Return
Includes Trades On Up To Two Trading Platforms

Intermediate

$85p/m

20 - 50

NUMBER TRADES P/M

Monthly Performance & Tax Report
Year End Tax Summary
Includes Personal Tax Return
Includes Trades On Up To Two Trading Platforms

Advanced

$99p/m

51 - 100

NUMBER TRADES P/M

Monthly Performance & Tax Report
Year End Tax Summary
Includes Personal Tax Return
Includes Trades On Up To Three Trading Platforms

Expert

$149p/m

101 - 200

NUMBER TRADES P/M

Monthly Performance & Tax Report
Year End Tax Summary
Includes Personal Tax Return
Includes Trades On Up To Four Trading Platforms

Professional

$299p/m

201 - 500

NUMBER TRADES P/M

Monthly Performance & Tax Report
Year End Tax Summary
Includes Personal Tax Return
Includes Trades On Up To Five Trading Platforms

Day Trader

TBC

501++

NUMBER TRADES P/M

Monthly Performance & Tax Report
Year End Tax Summary
Includes Personal Tax Return
Includes Trades On Up To Ten Trading Platforms

What to know about Cryptocurrency Tax?

Is the gain taxable or not?

Can we claim losses?

Is Crypto trading capital or income tax?

What is the total tax position at the end of the year?

What amount of tax is payable?

Is there a way to reduce tax?

Is there a better structure to trade crypto under?

EDR ACCOUNTING & BUSINESS SOLUTIONS

Cryptocurrency Tax Accountants and Advisors

Cryptocurrency is fast becoming the new currency used in exchange for goods and services. If you are wondering if your Bitcoin, Ethereum or other types of Cryptocurrency are subject to tax obligations, the short answer is yes.

EDR Accounting & Business Solutions, as a Company Tax Agent registered with the TPB, can provide expert advise on Cryptocurrency Taxation, whether you are an investor or trader anywhere in Australia.

Expert Advice

Our TPB registered Accountants will work closely with you to provide everything you need to know and guide you through managing your Crypto Tax.

Tax Strategy

We provide provide tailored and proactive Cryptocurrency Taxation advice to each of our clients, to come up with structures that can lead to a better tax outcome.

Accessibility

We provide provide tailored and proactive Cryptocurrency Taxation advice to each of our clients, to come up with structures that can lead to a better tax outcome.

Why use us?

At EDR, we are an extension of you, our client. Our role as accountants is to provide expert, proactive advice in any aspect of your financial status, from advice on the real time performance of your business to taking care of all your tax requirements - Cryptocurrency Trading Tax included, so you can rest easy and focus on you.

Monthly bookkeeping support for your Crypto trades

Monthly profit and tax position summaries

Worry-free tax returns preparations

Advice on the different business structures to minimise taxation

Book a consultation with our accountants today.

Book a FREE initial session