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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

In most cases, the amounts you get from selling, trading or exchanging cryptoassets are taxable (this includes when you exchange one type of cryptoasset for another).

You may have to pay tax because you’re:

  • acquiring cryptoassets for the purpose of disposal (for example to sell or exchange)
  • trading in cryptoassets
  • using cryptoassets for a profit-making scheme.

It’s important to look at whether your cryptoasset activity falls into any of these categories.

Last updated: 07 Sep 2020
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