Heads up Aussie crypto holders đŠđș
We got some good news for ya!
Save your breath with these tax-free thresholds & allowances that happily apply to crypto too.
1ïžâŁ No Income Tax until you hit $18,200 in total income.
2ïžâŁ Hold your crypto for over a year and enjoy a 50% discount on capital gains.
3ïžâŁ Spend crypto as a personal use asset and you might be exempt from CGT!
Accurate and efficient tax reports awaits: https://t.co/1BFzGcSobV
#Kryptos #thursdaymorning #Coinfest2024 #ThursdayMotivation