This was a response put up recently by the ATO which we think clarifies their position on the $10,000 PUA exemption perfectly. Its basically what we have advised all along but its nice to see the regulators

There seems to be ever increasing government interest in digital currency, from taxation through to investor protections its becoming a major talking point across the globe. So what are the benefits what

I work for an Australian accounting business based on the Central Coast NSW. We have been pressing the ATO for a number of clarifications around the tax treatment of cryptocurrency.. Our latest issue we