Get Ready for Tax Season with Binance Australia!

Tax time can be particularly stressful, especially when dealing with crypto transactions. To assist our Australian users during tax preparations, we offer exceptional resources. Start with our Crypto Tax 101 Video Series to help you understand the nuances of crypto taxes in Australia. 

Next, tune in to Spaces held on our Binance Australia X account with local crypto tax experts. We’ll be holding a series of Ask Me Anything (AMA) sessions over the course of June and July - get live and exclusive access with Binance to have your simple and complex tax questions answered by the professionals! 

Our first AMA session has now been scheduled. On Friday at 12:30pm AEST, we'll be hanging out with Partick McGimpsey (Crypto Tax Calculator) and Harrison Dell (Cadena Legal) on an X Space to answer any #cryptotax questions you have before the EOFY. Think airdrops and tax loss harvesting? 🤔 Drop your questions here and we'll ask the experts for you. Best question wins a free Crypto Tax Calculator Trader Subscription valued at $399!

Finally, take advantage of exclusive partner offers from top crypto tax software providers like Koinly, Crypto Tax Calculator, and Syla. In this blog, we'll introduce these valuable tools to help you prepare for your tax returns efficiently. Get ready to handle your crypto taxes like a pro!

Learn about Crypto Tax!

Welcome to Crypto Tax 101, a video series brought to you by Binance Australia. Crypto Tax 101 is here to help you understand the complex world of crypto tax in Australia.

In this series, we’ll be providing simple explanations of what you need to know about crypto tax. We’ll be hosting subject matter experts from Cadena Legal, Crypto Tax Calculator, and Koinly to cover everything. From the basics, like what is considered taxable and what isn’t, to more advanced topics like defi, staking, airdrops, and liquidity pools across popular tokens including Bitcoin and Ethereum.

Whether you're new to crypto or an experienced trader, this series will give you the tools you need to build a foundational understanding of how crypto tax works and how it could impact your crypto holdings and trading activity.

Our first video will answer a simple question… is crypto taxable in Australia? Watch along on our socials or find the whole series on our Binance Australia YouTube Channel.

Get Sorted & Save With Partner Offers!

Koinly Special Offer For Binance Australia Users

As a Binance Australia user, you now have the opportunity to leverage the power of Koinly to make your crypto tax reporting more efficient and fuss-free. Exclusive to Binance users, enjoy a 30% discount on your first Koinly tax report. Follow the details below to take advantage of this amazing offer.

Code: BINANCE24
Discount: 30% off 
Valid until: July 31 2024

To claim this offer, simply use the code 'BINANCE24' for 30% off your first Koinly tax report at checkout on https://koinly.io. See terms and conditions for this offer below.

Crypto Tax Calculator Special Offer For Binance Australia Users

With Crypto Tax Calculator, there’s no need to explain your degen trades—simply generate crypto tax reports your accountant will love or file them directly with the ATO yourself! As a Binance Australia user, you can now enjoy a limited-time special offer from the Crypto Tax Calculator. Take advantage of a 30% discount on any plan and streamline your crypto tax reporting in no time.

Discount Code: BINANCE30
Discount amount: 30% off
Valid until: October 31st, 2024

To claim this offer, simply use the code 'BINANCE30' for 30% off your first Crypto Tax Calculator tax report at checkout at https://cryptotaxcalculator.io 

Syla Tax Special Offer For Binance Australia Users

Meet Syla - Australia’s crypto tax software, created by a team of tax professionals, exclusively for Australian crypto investors. Get an ATO crypto tax report which is optimised to save on tax. Syla has provided our Binance users with 2 exclusive offers for you to take advantage of:

Crypto tax for $5

Exclusive offer limited to the first 1,000 Binance customers. Secure your first year of Syla’s Budget plan for only $5. Use Code: BINANCE5 at checkout, before 30 July 2024. Valid for the first 1,000 subscriptions to the Budget plan.

50% off new subscriptions

Enjoy a 50% discount on your first year with any Syla subscription. Use Code: BINANCE50 at checkout, before 31 October 2024.
Valid across all plans.

To claim this offer, visit https://www.syla.com.au/ and follow the steps to create an account.

Summary

By using the resources in this blog, Aussie users can seamlessly prepare for tax season with Crypto Tax 101 Video Series, the Binance Tax Tool, and exclusive offers from Tax Partners Koinly, Syla and Crypto Tax Calculator. These valuable resources and partnerships make the process of navigating crypto taxes in Australia both straightforward and stress-free. Thank us later!

Koinly Special Offer Terms & Conditions

1. Get 30% off your first Koinly tax report by using code BINANCE24 at checkout at Koinly.io 

2. Koinly reserves the right to end the offer at any time. 

3. This offer cannot be used in conjunction with any other offer. 

4. Offer valid until July 31 2024 

5. One use per customer, new customers only 

6. Excludes Koinly CPA and B2B customers

Disclaimer

This session includes non-affiliated third-party tax advisors and Key Opinion Leaders. Binance is not responsible for the information provided and does not offer tax advice. The content discussed is for informational purposes only. Please consult your own tax advisor for personalized advice. Binance is not liable for any actions taken based on this information. 
Digital asset prices can be volatile. The value of your investment can go down or up and you may not get back the amount you invested. Past gains are not indicative of future returns. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. The information here should not be regarded as financial or investment advice. For more information, see our General Terms and our Risk Warning.