ATO Crypto Tax Rules
The Australian Taxation Office (ATO) treats cryptocurrency as property, not currency. Disposing of crypto triggers a Capital Gains Tax event.
The 50% CGT Discount
If you hold cryptocurrency for more than 12 months before selling, you may be eligible for the 50% CGT discount — reducing your taxable gain by half.
Australian Tax Brackets (2024-25)
- Up to $18,200: 0%
- $18,201 – $45,000: 16%
- $45,001 – $135,000: 30%
- $135,001 – $190,000: 37%
- Over $190,000: 45%