New Fiscal Year 2021/2022 in Australia
The new fiscal year (FY) 2021-2022 has now commenced in Australia! If you sell cryptos after the end of a tax year, that sale does not get to be reported in that year’s tax return. That does not mean it will not be reported at all, but the reporting will be deferred to the following tax year in which the sale occurred.
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July 1, 2021