Crypto tax records in Australia

A practical record-keeping checklist

• Date and time of each transaction.
• The crypto asset, quantity and transaction type.
• AUD value at the time of the transaction and how that value was established.
• Trading, brokerage, spread-related or transaction fees where identifiable.
• Exchange statements, receipts and transaction-history exports.
• Wallet addresses and transaction IDs where relevant to transfers.
• Records showing transfers between wallets or exchanges you control, so a transfer is not confused with a disposal.
• Documents supporting any other costs or circumstances relevant to the transaction.

Do not rely on one exchange forever

Accounts can be closed and platforms can change their export tools. Periodically download transaction histories and keep your own copies. If you use several exchanges or wallets, maintain enough information to trace the movement of assets across them.

TradingGuide does not calculate your tax position

A calculator can help organise transaction costs, but it cannot determine whether a particular event is on capital or revenue account, whether an exemption applies, or what your personal tax liability is. Use current ATO guidance and consider a registered tax professional for your circumstances.