June 30 comes around fast. If you’ve been trading crypto this financial year and haven’t thought about tax yet, now might be the time.

Here’s what actually matters heading into EOFY.

The ATO already knows about your trades

Before diving into anything else: the ATO runs data-matching programs with Australian and international exchanges. If you traded on Coinbase, Swyftx, Binance, CoinSpot, or any major platform, that data has likely already been shared.

Assuming crypto is invisible to the tax office is one of the most expensive mistakes an Australian trader can make. Declare everything.

Are you an investor or a trader? It changes what you owe

This is the question many don’t consider.

Investors…