We’ve recently experienced a 50 - 60% decrease in cryptocurrency prices and woke up to several very concerned taxpayers on Monday morning. This article's purpose is not to create fear, but rather to make you prepare for any tax, think…
Author: Tim Doyle
Benefits of Frequent Financial Reporting for your Cryptocurrency Activity
We’ve been preparing quarterly financial reports for several clients over the past 12 months and have found the reports and process extremely helpful. The key benefits are: Addressing reconciliation issues during the year in small chunks rather than once at the end…
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The Whatsnext Podcast
Last week, Tim featured on the #whatsnext podcast discussing cryptocurrency taxes. Luke (the host) and Tim completed their Chartered Accountant certificate of public practice together back in 2016. Ep 136 - Crypto & taxes (not boring) with Tim Doyle CA…
Cryptocurrency Data Analyst
This is an exciting opportunity to join our team! Evans Doyle (ED) has been helping cryptocurrency investors meet their tax obligations since 2017. We are NZ’s leading cryptocurrency tax experts, and are at a very exciting stage of growth, consistently…
Cryptocurrency Tax – Collateral Finance Loans
Cryptocurrency collateral finance loans are becoming increasingly popular. They allow an individual to maintain price exposure to token price fluctuations while providing additional capital (the loan) to utilize (how they choose). An individual deposits cryptocurrency into a contract or an…
Cryptocurrency Tax Webinar – Questions and Answers
Due to being at full capacity for consulting calls (until January 2022), we are hosting a Cryptocurrency Tax Questions and Answers Webinar. The webinar will be on Tuesday 7th December at 7pm. Register here. A webinar recording will be available…
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IRD Update: Excluding Cryptocurrency from GST
IRD first mentioned in 2017 that GST legislation has been in progress to remove GST from cryptocurrency. The Australia Tax Office (ATO) updated their legislation in 2017, and by the meetings and discussions we had with IRD, it sounded like…
Foreign Tax Exemption – New Migrants and Returning New Zealanders
Are you moving to NZ with cryptocurrency? Do you want 4 years NZ tax exemption of foreign income after arriving in NZ? You may have a once in a lifetime opportunity to structure, plan, and utilize a temporary foreign tax…
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Free Cryptocurrency Tax Webinar – Q & A
Due to the Covid-19 lockdown and spare capacity (to be able to work from home), we have scheduled a free cryptocurrency tax webinar where we invite users to submit questions (live) and we will answer them. The webinar will be…
Earning Staking Rewards – Cryptocurrency Tax Treatment
This article outlines the income tax treatment of cryptocurrency staking income. It includes examples of how cryptocurrency staking rewards are taxed as well as disposing of the underlining crypto. Staking cryptocurrency is becoming more popular with specific providers such as…
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