Koinly
Koinly is a great option for Australians who want to automate their crypto tax reporting. It supports all major exchanges and wallets, and allows you to import your transaction data easily. Best of all, it offers a free plan for those with a small number of transactions.
The service is very easy to use. You simply connect your exchanges and on-chain wallets and Koinly does the rest. It automatically calculates your gains and losses on trades, DeFi lending and NFTs, and generates a report that you can file with your taxes.
We highly recommend Koinly to any cryptocurrency investor who wants to save time and money on their taxes.
TokenTax
TokenTax is another popular choice among crypto investors and traders. It also offers support for all major exchanges and wallets, and can help you automate your tax reporting. TokenTax also has a very user-friendly interface, making it easy to get started. The company has a team of experienced accountants and tax lawyers.
TokenTax integrates with NFTs and DeFi wallets on major networks like Ethereum, Avalanche, Solana, Fantom, and more.
CoinTracking
CoinTracking is a good option for those who want more control over their crypto tax reporting. It offers a wide range of features, including support for multiple exchanges and wallets, and allows you to create custom reports. CoinTracking also has a free plan for those with a small number of transactions.
This platform is recommended for advanced users who are competent in developing automated spreadsheets and using other advanced aspects of Microsoft Excel.
CryptoTax Calculator
CryptoTax Calculator is another great option for Australians who want to automate their crypto tax reporting. It supports all major exchanges and wallets, and offers a range of features to help you stay compliant with the ATO.
CryptoTax also has a free plan for those with a small number of transactions, and also covers DeFi, NFT and DEX trading.
TaxBit
TaxBit is a good choice for those who want to automate their crypto tax reporting. It supports all major exchanges and wallets, and offers a range of features to help you stay compliant with the ATO. TaxBit also has a free plan for those with a small number of transactions.
Their company is a team of expert lawyers and accountant who provide a service that is more tailored toward enterprise teams and institutional investors. TaxBit also services sovereign wealth funds and governments who have engaged in digital assets.
What is the best Crypto Tax platform in Australia?
Overall, Koinly is the best cryptocurrency tax software for Australian's to stay compliant with the Australian Tax Office (ATO). Their platform integrates with the most exchanges and NFT, DeFi, and Decentralised Exchange (DEX) platforms to generate a simple and accurate tax report.
Who is the best Australian Crypto Tax Accountant?
The team at Crypto Tax Australia is the longest-running Australian cryptocurrency taxation specialists. Their firm provides tailored advice, education and guidance for crypto-natives looking to navigate the complex landscapre of crypto taxation.
Founded by Adrian Forza, they have been in operation since 2016 and have serviced the most high-profile crypto elite of Australia.
