ATO Obligations

We relieve the stress of your ATO reporting by keeping you up to date with your reporting obligations to the ATO including:

• Advising on application of GST and income tax to your project

• Preparation of workpapers and lodgment of business activity statements

• Preparation and lodgment of payroll related obligations including single touch payroll

• Preparation of on-chain related workpapers for your tax accountant

A high-level summary of income tax treatment of using cryptocurrency in your business can be found here: https://www.ato.gov.au/businesses-and-organisations/income-deductions-and-concessions/income-and-deductions-for-business/crypto-assets-and-business/crypto-assets-used-in-business

A high-level summary of income GST implications of using cryptocurrency in your business can be found here: https://www.ato.gov.au/businesses-and-organisations/gst-excise-and-indirect-taxes/gst/in-detail/your-industry/gst-and-crypto-assets/gst-and-digital-currency-as-payment