Bitcoin and Cryptocurrency Tax Return 2019 - What you need to do NOW?!

| Cryptocurrency
Bitcoin and Cryptocurrency Tax Return 2019 - What you need to do NOW?! | Munro's Accountants and Advisors

It’s a new financial year and so we each have a tax return to do. Traded crypto? Here is what you need to do now in four easy steps:


Step 1


Keep a record of each crypto you owned at 30 June 2019 and how many.


For example,














It’s also a great idea to take screenshots of balances held at exchanges and wallets as proof.


Step 2


Download your transaction history for the period 1 July 2018 to 30 June 2019 from your exchanges and wallets.


These are usually available to download as CSV/Spreadsheet files using an export history feature.


If you traded crypto before 1 July 2018 and haven’t previously kept a copy of those transactions, then you also need to download prior year data too.


Step 3


Download your deposit and withdrawal history from exchanges and wallets.


Again, these are usually CSV files and should include crypto and fiat (AUD, USD, EURO) amounts.


Step 4


Send this information to us, together with your other tax information such as tax deductible expenses.


Your tax return will then be prepared by Australia’s leading cryptocurrency specialists – Munro’s Cryptocurrency Accountants.


You can send the info by email or request a secure client portal account to upload via our website.


Click here to read about how we saved $9,246 in tax for a client…. in fact, we have saved our clients a combined total of more than $1million in tax due to our industry leading crypto expertise.


Smart crypto investors, traders and miners can contact us on 08 94275200 or submit an enquiry here.





“I'm extremely pleased with the services of Munro's Accountants…. I would not hesitate to recommend them. AAAAA+++++” J Kozmo



“…I will recommend your service to any of my friends…..” D Lee



“Brilliant accounting firm I have trusted for almost 30 years with all of my business and personal accounting.” R Elliott