Chartered Accountants and Cryptocurrency Specalists
The surge in the popularity of Bitcoin ETFs has many New Zealanders wondering about the tax implications. Here's a simplified guide to help you understand how a Bitcoin ETF or other Foreign Investment Funds (FIFs) are taxed in New Zealand.…
Read More Tax Implications of Bitcoin ETFs and Other Foreign Investments in New Zealand
Many of our clients made some profits in the crypto market during the 2022 Financial year (from 1 April 2021 to 31 March 2022), and now they have to pay taxes which are due by 7 April 2023. But, some…
In recent months, we have had many difficult conversations with cryptocurrency clients about their tax liability for the 2022 financial year (from 1 April 2021 to 31 March 2022). Many of our clients made significant profits in the 2022 financial…
Cryptocurrency trading can be like an emotional rollercoaster. When we present financial statements to clients, they are surprised to see their trading volume. It’s nearly always higher than they expected. They have transacted with cryptocurrency going back and forth, in…
