Skip to main content

Delays to response times: It is taking longer than usual to answer calls and myIR messages, and to process some COVID-19 Support Payment applications. This is because of the impact of COVID-19. If possible, please contact us through your myIR account. Log in to myIR

Budget 2022: The Government has announced Budget 2022, which includes changes to child support payments. Find out more on our Tax Policy website

Budget 2022: The Government has announced a Cost of Living Payment, which will be paid from 1 August 2022. You do not need to apply for this payment. If you are eligible, we’ll pay it into your bank account. Find out more

If you provide cryptoassets to your employees, you will need to account for PAYE or FBT on these payments.

These Public Rulings explain when PAYE or FBT may apply.

BR Pub 21/01: Income tax - salary and wages paid in cryptoassets

This Ruling considers whether cryptoassets received by employees are subject to PAYE.

This Ruling will apply for the period 1 March 2021 until 1 December 2022.

BR Pub 21/01

 

BR Pub 21/02: Income tax - bonuses paid in cryptoassets

This Ruling considers whether bonuses received by employees in cryptoassets are subject to PAYE.

This Ruling will apply for the period 1 March 2021 until 1 December 2022.

BR Pub 21/02

 

BR Pub 19/03: Income tax - employer issued cryptoassets provided to an employee

This Ruling considers how FBT applies where cryptoassets issued by an employer are provided to an employee.

This Ruling will apply for a period of three years beginning on 30 July 2019.

BR Pub 19/03

 

BR Pub 19/04: Income tax – application of the employee share scheme rules to employer issued cryptoassets provided to an employee

This Ruling considers whether the employee share scheme rules apply to some types of employer-issued cryptoassets provided to employees.

This Ruling will apply for a period of three years beginning on 1 December 2019.

BR Pub 19/04

Last updated: 01 Apr 2021
Jump back to the top of the page