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Global
Joined August 2024
Put down $1,000 at 10x leverage and the market moves 5% your way. You didn’t make $50. For tax, you made $500. 🇦🇺 Crypto futures play by completely different ATO rules: usually income, not CGT, and no 50% discount. Here’s how it all works, in our new episode 👇 #CryptoTaxAustralia #CryptoFutures #ATO #CryptoFuturesAustralia #KoinX youtu.be/typ9cZlvjfg
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Not ready to lodge your crypto tax yet? 🇦🇺 Get onto a registered tax agent’s books before 31 October, and your due date could stretch to 15 May 2027. Leave it until after your deadline, and that door closes. Here’s how it works 👇 Watch full video here: youtu.be/v8Rtev8KjCM #CryptoTaxAustralia #ATO #CryptoTax #TaxDeadline
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JUST IN: 🇦🇺 Australia moves to stop crypto exchanges from trading against their own users. ASIC’s new rules land April 2027, and not every exchange will survive them. What it means for you 🧵👇 #AustraliaCryptoExchanges #CryptoAustralia #BitcoinAustrala #ASIC #ATO
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The rules that protect YOU 🇦🇺 📌 No more exchanges quietly trading against their own customers 📌 Wallets holding your coins reported to ASIC every quarter 📌 Clearer order and trade records 📌 Built after FTX locked out ~30,000 Aussies 📌 Final rules due March 2027
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What to expect next: Feedback closes 27 Nov. Final rules land March 2027, and ASIC may publish a list of exchanges that applied in time, so check yours is on it. More exchange records also mean cleaner data for the ATO. Get your crypto tax sorted with KoinX 🇦🇺 Link in bio.
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Lodging your own tax return? Your deadline isn’t 31 October this year. 🇦🇺 It’s Monday, 2 November 2026, and your crypto runs on the exact same clock as your salary. No separate form, no extra time. Know your date before it sneaks up on you 👇 #CryptoTaxAustralia #ATO #CryptoTax #TaxDeadline
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Your crypto tax deadline isn’t 31 October this year. 🇦🇺 It’s Monday, 2 November 2026 for self-lodgers, and it could run to 15 May 2027 if you’re on a tax agent’s books before 31 October. Every ATO date, the $364 late penalty, and how to legitimately get more time, all in our new episode 👇 youtu.be/v8Rtev8KjCM #CryptoTaxAustralia #ATO #AustraliaTaxDeadline #ATODeadline #KoinX #AustraliaCrypto #BitcoinAustralia
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Australia's 50% crypto CGT discount ends on 1 July 2027. 🇦🇺 It's already law, not a proposal. Thinking of selling before then to "lock it in"? You don't need to. Gains made before the switch keep the old discount automatically. Here's how it works 👇 #CryptoTaxAustralia #ATO #CGT2027 #AustraliaCGT #KoinX Watch complete video here: youtu.be/hiqZ_yI7Z3E
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South Korea just blocked access to the websites of 27 crypto exchanges. The reason is simple. None of them registered with the country’s Financial Intelligence Unit. The rule there is clear: if you serve Korean users, you register first. No registration, no access. #KoinX #SouthKorea #CryptoSouthKorea #BTCSouthKorea #ETHSouthKorea
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What changes for users now: 1. These platforms charged 1.5% to 10% in fees, compared with about 0.16% on licensed Korean exchanges 2. Only 28 exchanges are registered with Korea’s Financial Intelligence Unit 3. Registered exchanges can no longer send crypto to the blocked platforms 4. 44 more unregistered operators have been referred for investigation 5. Users on blocked platforms are being told to withdraw their funds
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The ATO doesn’t need you to tell it about your crypto. 🇦🇺 It’s been collecting exchange data since 2014. The real question is whether your return matches what it already has. Get it right before it asks. Watch complete video here: youtu.be/hiqZ_yI7Z3E #CryptoTaxAustralia #ATO #CGT #CryptoAustralia #KoinX #BitcoinAus #AU
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Not Every Fix Counts 🇦🇺 • ✅ Counts: declaring crypto gains or income you left out • ✅ Counts: correcting false or misleading info • ❌ Doesn't count: agreeing with a shortfall the ATO already raised • ❌ Doesn't count: saying "I didn't understand the law" • 🔍 Most common misses: swaps, staking rewards, airdrops and missing AUD values Before You Hit Send 👇 • 🌏 Overseas exchange? Your tax residency decides what you report • 📮 Offshore gains go through a dedicated ATO channel • 🏦 Crypto in an SMSF has its own disclosure service • ⚠️ No guarantee of zero penalty, but coming forward early is treated far more favourably • 📊 KoinX rebuilds every missed year across 800+ exchanges and wallets 👉 link in bio #CryptoTaxAustralia #ATO #AustraliaCrypto #CGT #KoinX #SMSF
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“I never cashed out, so I don’t owe tax.” The ATO disagrees. 🇦🇺 Crypto swaps, gifts, airdrops, staking rewards and even crypto debit card spends all have a tax angle. Know yours before tax time does 👇 youtu.be/hiqZ_yI7Z3E #CryptoTaxAustralia #ATO #CGT #CryptoAustralia #KoinX #BitcoinAus #AU
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Greece just proposed a 10% crypto tax. France charges 30%. Italy 33%. Spain goes up to 28%. And it’s lower than the 15% floated in June. If you hold crypto in Greece, here’s what the draft says 🧵
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The draft, published Wednesday: - 10% tax on crypto capital gains - First €500 of gains tax-free - Swapping one crypto for another isn’t a taxable gain - Lending and liquidity provision taxed as interest at 10% - Open for public consultation now - Goes to parliament in the first week of November
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What this means for you: - Small gains under €500 stay untouched - Moving between coins won’t trigger tax - Lending and LP income needs separate tracking - It’s still a draft, so details could change Start keeping clean records now, so you’re ready when it lands.
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Swapped BTC for ETH and never touched AUD? The ATO still counts that as a taxable event. 👀 Here's your beginner's guide to crypto tax in Australia: CGT, income tax, what's taxable, and what the ATO can already see. 🇦🇺 📺 youtu.be/hiqZ_yI7Z3E #KoinX #BitcoinAustralia #ATO #CGT
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POV: it's October and your crypto's spread across 3 exchanges, a hardware wallet and that one DeFi app you forgot about 😅 Yeah, we've got you. Report ready in minutes 🇦🇺 Link in bio #CryptoAustralia #CGT #ATO #AustraliaCrypto #BitcoinAU #CryptoGains #CryptoTaxAustralia #KoinX
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Got new coins from a chain split? 🇦🇺 Here's how the ATO sees it: - 🪙 When you receive them: No income tax, no CGT. Nothing to report yet. - 📉 The catch: The new coin's cost base is $0. So when you sell, swap or spend it, the entire AUD value is a capital gain. - ⏳ CGT discount: The 12-month clock starts on the split date, not the day you noticed the coin in your wallet. - 🔀 Which coin is "new"? The one that doesn't carry forward the original chain's rights. If neither does, the ATO treats your original as abandoned, which can mean a capital loss at the split itself. - 🗂️ Do this now: Note the split date, the coin, the quantity and its AUD value that day. That's your paper trail when you sell. #CryptoTaxAustralia #ATO #CapitalGainsCrypto
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