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.
5 reasons why tax planning will maximise profits
Tax planning can help ensure you are maximising your business and its profits. Whether as an individual or a business, you can reap a lot of benefits from tax planning. And we can help with...
3 tips for success in starting a business!
3 tips to start a successful business. So you’ve been toying with the idea of starting a business. You have the idea, you have the means, so how do I monetise it? In a...
Is it time to update your Will?
What is Estate Planning? Wills and Estate planning (also referred to as succession planning) is the process of putting strategies in place to ensure your personal and business interests are...
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