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🇦🇺 Crypto tax in Australia
Crypto held as an investment is a CGT asset; selling, swapping, gifting or spending it is a CGT event. Residents holding 12+ months get a 50% CGT discount – being replaced for gains accruing from 1 July 2027.
| How gains are taxed | Net capital gains are added to your taxable income and taxed at your marginal rate.Source quote"you may pay tax on your net capital gains for the year" |
|---|---|
| Resident tax rates 2025–26 | $0–18,200: nil; $18,201–45,000: 16%; $45,001–135,000: 30%; $135,001–190,000: 37%; over $190,000: 45% (plus 2% Medicare levy). For 2026–27 the lowest band is 15%.Source quote"Resident tax rates 2025–26 … $18,201 – $45,000 | 16c for each $1 over $18,200" / "The above rates do not include the Medicare levy of 2%." |
| CGT discount | 50% discount for Australian residents who owned the asset at least 12 months (apply capital losses first).Source quote"you can reduce your capital gain by 50%, if … you owned the asset for at least 12 months; you are an Australian resident" |
| Change from 1 July 2027 | Now law: the 50% discount is replaced with cost base indexation and a 30% minimum tax rate on capital gains, only for gains that accrue after 1 July 2027. Not relevant to the 2025–26 return.Source quote"replace the 50% CGT discount for individuals, trusts and partnerships with cost base indexation and a 30% minimum tax rate on capital gains" … "These measures are now law." |
| Losses | Capital losses reduce capital gains; a net capital loss can't be deducted from other income.Source quote"You can't deduct a net capital loss from your other income." |
| Each crypto is separate | Each crypto asset is a separate CGT asset; convert values to AUD.Source quote"You need to keep details for each crypto asset as they are separate CGT assets." |
| Where to report | myTax 'Capital gains or losses', or paper return item 18.Source quote"go to 18 Capital gains 2026" |
| Deadline | Self-lodgers: 31 October (next business day if it's a weekend). Tax agents can lodge later if engaged before 31 Oct. Tax bills due 21 November if lodged on time.Source quote"If you’re lodging your own tax return, you need to lodge it by 31 October each year. If 31 October falls on a weekend, the due date … is the next business day" |
| Exchange reporting | ATO already runs a crypto data-matching program. CARF and a domestic reporting regime were announced (Dec 2025) but are not yet law; first CARF exchange expected in 2028.Source quote"This measure is not yet law." … "Australia's first exchange under the CARF is expected to commence in 2028." |
Official sources
- ATO – CGT on crypto
- ATO – Tax rates (residents)
- ATO – CGT discount
- ATO – Tax reform: negative gearing and CGT
- ATO – Preparing your tax return
- ATO – CARF and domestic reporting
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Not tax advice. General information summarised from official sources; it may be incomplete or out of date. Always check the linked official source or a qualified tax adviser.