How Crypto Is Taxed in Australia

MELBOURNE, Australia - Nov. 7, 2025 - PRLog -- Nanak Accountants and Associates has released a new guide, Crypto Tax in Australia - The 2025 ATO Guide, helping Australians navigate the ATO's tightened oversight of cryptocurrency transactions.

Principal Accountant Puneet Singh warns that the ATO now receives trading data from major exchanges worldwide, making undeclared crypto gains a major audit risk.

"Crypto is fully visible to the ATO," Singh said. "Every sale, swap, or spend can trigger tax so accurate reporting is critical."

The guide explains how crypto is taxed as a capital asset, outlines rules for Capital Gains Tax (CGT) and income on staking or mining, and highlights ATO red flags such as missed crypto-to-crypto trades and false "personal use" claims.

"Our goal is to help Australians stay compliant and avoid penalties," Singh added.

About Nanak Accountants and Associates
Nanak Accountants and Associates is a Melbourne-based accounting firm specialising in tax compliance, small business advisory, and crypto taxation.

Read the full article: https://nanakaccountants.com.au/crypto-tax-in-australia-t...