ATO Assistant Commissioner Tim Loh warns...đš
"Donât think we wonât notice if you sell an asset for a gain and donât declare it."
For the 2024 tax season, CGT is a key focus, with #Crypto specifically highlighted. Remember, CGT applies to asset disposals, including shares, crypto, and properties.
Ensure you calculate gains or losses for each asset unless an exemption applies.
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#Kryptos #GoodMonday #MondayMotivation
