Cryptocurrency Tax Adelaide

Your crypto, handled by people who know the space.

Cryptocurrency tax returns for Australian investors, traders, miners, and SMSF holders. Prepared by an Adelaide tax accounting team featured in news.com.au as one of Australia's experienced crypto tax specialists.

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Who This Is For

If any of the following apply, you're in the right place.

Your activity spans multiple exchanges and wallets, and you want one accurate, consolidated picture, not a patchwork

You've had disposals this financial year and need CGT handled with the right cost-base method

You've under-declared in prior years and want to come clean before the ATO does

You're trading at volumes where investor vs trader classification carries real tax implications

You're earning meaningful income from DeFi, staking, or mining and need it captured properly

You have offshore exchange activity that needs to be reflected accurately in your Australian return

Why Crypto Tax Needs a Specialist

The ATO treats crypto as a taxable asset.

The ATO treats cryptocurrency as a taxable asset, not currency. Every time you sell, trade, or use crypto, it's a potential tax event. Most general accountants do not know the rules well enough to apply them correctly. The consequences of getting it wrong range from an amended return to ATO penalties and interest.

The some areas where crypto investors most commonly run into problems:

Not declaring trades between cryptocurrencies. Every crypto-to-crypto trade is a taxable event.

Not tracking the cost base of each asset correctly, particularly across multiple exchanges and wallets.

Not declaring staking rewards, airdrops, or DeFi income as assessable income.

Incorrectly applying the $10,000 personal use asset exemption.

Misclassifying trading activity. Investor vs trader has very different tax implications.

Mining income not included in assessable income.

The ATO has broad powers to request transaction data directly from Australian exchanges, banks, and service providers. If you've traded crypto, the ATO almost certainly knows about it. The question is whether you've declared it correctly.

What's Included

Every transaction accounted for. Every obligation met.

From simple buy and sell transactions to DeFi, staking, and cross-chain activity, here's what we cover when we prepare your crypto return.

Scoped to your situation. Every crypto tax engagement is scoped to your specific situation. The right scope depends on your activity, the number of exchanges and wallets involved, and the complexity of your transactions. Depending on your situation, your engagement may cover:

$10,000 personal use asset exemption assessment.

Mining income and allowable deductions.

SMSF cryptocurrency holdings. Compliance and reporting.

Capital gains tax assessment across all disposals for the financial year.

Crypto-to-crypto trade assessment.

Day trading tax obligations. Are you an investor or a trader?

Staking rewards, airdrops, and DeFi income assessment.

Loss harvesting and carry-forward loss application.

How it works

From first chat to your crypto return lodged.

Every crypto tax engagement is scoped and quoted based on your specific situation. The number of transactions, exchanges, and complexity involved.

A booking deposit is required to secure your appointment; this is applied toward your final fee.

Why Fab Tax

One of Australia's earliest crypto tax teams. Still one of the most experienced.

Featured in news.com.au as one of Australia's experienced crypto tax accountants, FabTax has helped hundreds of Australian crypto clients get their return right. We know the ATO's treatment of crypto and we apply it correctly.

Hundreds of crypto clients across Australia. Investors, traders, miners, and SMSF holders.

Current on ATO crypto guidance and emerging asset types. The rules move and so do we.

We've been doing crypto tax since most accountants didn't know what it was. We get how confusing it can feel.

The same experienced team year after year. No juniors, no handoffs, no starting over.

Introducing our Tax Club

Learn how to make decisions around your tax.

Tax Vault is our membership community for Australians who want to take control of their numbers.

Weekly live sessions, expert guests, and a curriculum built around the three things that matter most: understanding your tax, identifying what you're entitled to, and making the most of it.

If you want to go deeper than your annual return, Tax Vault is where that happens.

Explore Tax Vault →

Frequently Asked Questions

The questions we hear most often.

Do I need to come into an office?

No. Appointments are available by phone or online, whichever works best for you.

What if I've made losses on crypto this year?

Crypto losses can be used to offset capital gains in the same financial year or carried forward to offset gains in future years. We’ll make sure your losses are applied correctly.

Does the $10,000 personal use asset exemption apply to my crypto?

It depends on how you use and acquired the cryptocurrency. We’ll assess your specific situation and apply the exemption correctly if it applies.

Am I a crypto investor or a crypto trader, and does it matter?

Yes, significantly. Investors are subject to CGT rules. Traders are treated as running a business and taxed differently. We’ll assess your activity and apply the correct classification.

What if I've traded across multiple exchanges or wallets?

We’ll work with you to gather the transaction history from every exchange and wallet involved. The more complete the records, the more accurate and defensible your return. We strongly choosing a Crypo tax software to help you track your transactions

What about staking rewards, airdrops, and DeFi income?

All of these are assessable income under ATO rules and must be declared. We’ll make sure every type of crypto income is captured and reported correctly.

What if I haven't declared crypto in previous years?