Crypto Tax Calculator for Australia

Koinly is the only cryptocurrency tax calculator that is fully compliant with ATOs crypto tax guidance

Capital gains report

Mining/staking & Income report

Free tax preview

Did you receive a letter from the ATO?

The Australian Tax Office has sent out letters to thousands of crypto traders in the last few months.

If you are one of the (un)lucky ones then the task of getting your transaction history sorted for multiple years can seem daunting.

No need to worry!

Koinly has been built from the ground up to help cryptocurrency investors - just like you - get their taxes in order.

All you have to do is import your transaction history from your exchanges / wallets and let Koinly handle the rest!

How Koinly simplifies your taxes...

Easily import your trading history

Koinly can pull data automatically from Australian exchanges like Coinspot, Coinjar and Independent Reserve.

  • DeFi, Margin trades & Futures. Whether you are staking on Kraken, lending on Nexo or going long on BitMEX. Koinly can handle it all.
  • Smart transfer matching. Koinly uses AI to detect transfers between your own wallets and keep track of your original cost.
Supports 300+ exchanges & wallets

Preview your capital gains

Get a glimse of your profit/loss for any tax year - for free!

  • Portfolio tracking. See your total holdings, ROI and growth over time on a beautiful dashboard.
  • Profit/loss & capital gains. Easily see how much you are up or down. View realized and unrealized capital gains.
Explore all features

Download your tax documents

Whether you are filing yourself or working with an accountant. Koinly can generate the right tax documents for you.

  • Capital gains report Download your capital gains report which shows your short and long term gains separately.
  • Comprehensive tax report. Generate a full crypto tax report with all your disposals. Guaranteed to pass audits.
View sample reports

"Huge time saver when it comes to taxes, very customizable and useful in planning next trades"

"Finally a tool that can handle DeFi operations properly! Very happy so far"

"Uploading data was very straightforward and easy. Will definitely be back next year!"

Popular questions

Are cryptocurrencies taxed in Australia?

Yes, the Australian Tax Agency (ATO) has issued official guidance stating that cryptocurrency is taxed as a capital gains asset which means you have to pay tax every time you trade, sell or use crypto to pay for goods/items.

Do I need to file taxes even if i made a loss?

Yes. It doesn't matter if you only made losses, you still have to report it to your tax agency. In fact, it is in your best interests to report your losses as this is one of the best ways to reduce your crypto taxes in the future!

Are crypto to crypto trades taxed?

Yes. Any exchange of cryptocurrencies is also a taxable event. For ex. if you exchange Bitcoin for Ripple, the ATO and other tax agencies will treat this as a sale of Bitcoin at the market price of the XRP you received.

How are capital gains calculated for crypto trades?

You have to use FIFO for calculating your crypto taxes. This means the coins you buy first are also the first ones to go.

Which exchanges do you support?

Koinly supports over 300 exchanges including Australian exchanges like Coinspot, Coinjar, Swyftx, Independent Reserve etc. Even margin trades and futures on Binance, Kraken & others are supported.

Do I have to pay tax if I transfer crypto from one wallet to another?

No, you don't. As long as you own both wallets there's no tax to pay on transfers. However, you still have to keep track of the original cost of the transferred coins and have sufficient proof of it.

How can Koinly help?

Koinly automatically imports your transactions, finds all the market prices at the time of your trades, matches transfers between your own wallets, calculates your crypto gains/losses and generates your tax reports!