The ATO is placing a major focus on income earned from crypto, including any capital gains and losses.
The ATO has warned taxpayers to be vigilant on a range of claims that they will be paying greater attention to during tax time. These claims include work-related expenses, cryptocurrency gains and rental income and deductions. The ATO has stated the areas in high focus are where most mistakes are made…
Crypto has had a big month. First, there was the crypto crash which saw a huge decline in the value of several stable coins…