Most cryptocurrency clients made a profit in the 2021 financial year and will have 2021 terminal tax to pay on 7 April 2022. If the tax amount is more than $5,000, they will also have 2022 provisional tax to pay…
Tag: Tax Payments
Safe Harbour Tax Overview
Cryptocurrency prices have recently increased significantly in value. This results in many clients currently having significant profits and subsequent tax liabilities. In some cases, IRD will charge interest at 7% pa on any underpaid tax. This article focuses on those…
Lessons from the 2017 bull run – from a Cryptocurrency Accountant
Bitcoin is up 52% this month (so far today). This reminds me of the bull run during late 2017 where checking the blockfolio app on my phone was as addictive as cocaine. Currently we are seeing bitcoin dominate; compared to…
Read More Lessons from the 2017 bull run – from a Cryptocurrency Accountant