We have two simple goals at Munro's:
"Bitcoin", "Altcoin", "Hashing", "Proof of Work", "Proof of Stake", "Flipping", "The Flippening"...
We understand the jargon because we work day after day with cryptocurrency enthusiasts like yourself.
You don't need to pay us to learn the tech because we already know the crypto space (well don’t get too techie, we are accountants after all).
We've dedicated considerable resources to build this website so you can come and learn the basic Australian tax issues associated with cryptocurrency and blockchain.
Munro’s is a 45-year-old accounting firm operating out of Perth assisting people all across Australia with their tax and business advisory needs.
We're not some random on the Internet providing unsolicited tax advice; we know our stuff and want you to know it to so you can make informed decisions.
Whether you're an investor, trader, miner, startup, business owner; or into cryptocurrency to change the world; or want to boost your retirement savings; this is the place to get started and learn about Australian tax on cryptocurrency.
If you require tailored tax advice, then get on the phone and give us a call, or alternatively submit an enquiry, we're here if you need us. Until then, best of luck with all your cryptocurrency endeavours!
"A day before I helped author this website we came up with a really clever plan to restructure a masternode operator's affairs which could save them millions in tax going forward." - Drew Pflaum
Have you ever wondered what is everyone on about when they are talking about bitcoin, cryptocurrency and the blockchain? Well we’ve dedicated a page to explain these concepts in simple terms and broadly outline Australian tax on cryptocurrency.
How is cryptocurrency taxed? This is a question many Australians are asking. We have the answers, whether you be a hodler, trader, or just someone trying to use crypto to purchase goods. Tip: you better start thinking about record keeping.
Move over gold miners, there’s cryptocurrency to mine. We’ve assisted crypto miners and forgers with understanding their taxation obligations, whether they be operating a hobby operation at home or a commercial business in data centres.
Cryptocurrency and the blockchain has taken off and businesses around Australia are getting involved. We’re working with employees and businesses accepting crypto, start-ups building blockchain solutions, investment funds and exchanges.
If you want to pay less tax on cryptocurrency gains, then superannuation may be part of the solution. Taxes follow us throughout our lifetime, and when we die our loved ones then have to deal with it; so you better have an effective estate plan to save them tax.