ATO podcast – Tax inVoice

Listen to the ATO's Tax inVoice podcast to find out about tax and super information and meet your obligations.

Episode 50 – Crypto assets and tax

In the final episode of Tax inVoice, podcast host, David Jepsen is joined by ATO Tax Time spokesperson Assistant Commissioner, Tim Loh to talk about the tax treatment of crypto assets. They discuss when you need to declare income and capital gains or losses, why record keeping is so important and what you need to know about non-fungible tokens (NFTs). Tim advises what to do if donating crypto, what self-managed super fund trustees need to consider when investing in crypto and what businesses need to do before accepting and using digital assets.

For more information visit:

• Crypto asset investments
• GST and digital currency
• CGT events
• SMSF investing in crypto assets
• Tax time toolkit for investors

To stay up to date with latest information from us:

• subscribeExternal Link to any of the specialist ATO email newsletters, tax professionals, super funds, SMSF trustees, small business operators, not-for-profit organisations and digital service providers
• follow us on FacebookExternal Link, LinkedInExternal Link, TwitterExternal Link and our ATOSmallBizExecExternal Link Twitter account, for easy-to-understand information and quick tips to make dealing with your tax and super easier.