Koinly for Crypto Accountants Australia
The ATO has made it clear that cryptocurrency tax is a top priority. From capital gains to income tax, specific rules apply to how and when crypto is taxed. The guidance is still developing, particularly in areas like DeFi and NFTs, but what exists already is detailed and must be followed.
Koinly’s Australian Cryptocurrency Tax Guide is a free, expert-reviewed resource that breaks down these rules. It is fact-checked by at least two experienced chartered crypto accountants and includes guidance for individual investors, traders, and businesses. Whether you’re starting to work with crypto clients or looking to refine your process, this guide is a must-read.
Built for crypto accountants
Crypto tax is complex. Australian investors may have hundreds or thousands of transactions spread across multiple wallets, exchanges, and protocols. Identifying taxable events, applying cost basis methods, and calculating gains can become unmanageable fast.
Koinly helps simplify this. Accountants and clients can import data via API or CSV, and Koinly will automatically calculate:
Short-term and long-term capital gains
Staking income and airdrops
The 50% CGT discount
Capital losses
Total portfolio performance
Koinly also supports FIFO, LIFO, and HIFO accounting methods in line with ATO requirements. With all of this done automatically, accountants can focus on advising their clients instead of spending hours reconciling spreadsheets.
Resources for Australian accountants
Beyond the platform itself, Koinly provides a suite of free resources to help accountants stay informed and prepared. These include:
These materials are regularly updated and reviewed by tax professionals. They are designed to be practical, accessible, and suitable for both seasoned accountants and those new to crypto.
Try Koinly for free
The best way to understand what Koinly can do is to try it. You can set up a free Koinly account in minutes. Once logged in, you can explore the platform, connect exchanges and wallets, and generate test reports.
Key features include:
Realised and unrealised gains tracking
ATO-compliant reporting, including the myTax report and CGT schedule
Full transaction history overview
Multi-client management from a single dashboard
Koinly makes crypto reporting easier for both accountants and clients.
Join the accountant directory
Each year, thousands of Australian investors look for help from qualified professionals to handle their crypto taxes. Listing your accounting practice on Koinly's crypto tax directory is free. You’ll get:
A public profile searchable by location and services
Direct inbound interest from crypto clients
Increased visibility during peak tax season
Referrals from Koinly’s customer support team
This is one of the easiest ways to grow your crypto client base. Whether you specialise in tax for individuals, traders, or crypto businesses, the directory helps you get discovered by those who need your services most.
Crypto clients need help
An estimated one million Australians now hold crypto. As adoption increases, so does the demand for accountants who can confidently navigate crypto tax.
Many investors don’t fully understand the implications of their trades. Some may not even realise that staking, swapping, gifting, or spending crypto can trigger a taxable event. Others may have made mistakes in the past and need help correcting them. That’s where knowledgeable accountants come in.
Koinly gives you the tools and resources you need to support these clients effectively. Our software does the heavy lifting. Our reports align with ATO requirements. And our learning hub ensures you stay ahead of the curve.
Crypto tax is complex, but manageable with the right tools. Koinly is built to support both crypto investors and the accountants who help them file their taxes correctly.
With Koinly, you can automate reports, reduce manual calculations, and serve more clients with confidence. Join thousands of other accountants already using Koinly to simplify tax time and grow their crypto practice.
