The ATO Issues Warning Over Unpaid Crypto Related Taxes

The ATO Issues Warning Over Unpaid Crypto Related Taxes

The Australian Tax Office (ATO) is encouraging accounting professionals to engage with their clients on their cryptocurrency related activity. The ATO acting assistant commissioner, Sylvia Gallagher, confirmed that people as young as 18 years were getting involved in...
What Is The ATO Doing To Tax Cryptocurrency?

What Is The ATO Doing To Tax Cryptocurrency?

The (ATO) Australian Tax Office has estimated that somewhere between 50,000 and one million Australians have currently invested in crypto related assets. Many of these individuals have failed, or will fail, to properly report the profits they have made for tax...