The Barefoot Investor (Classic Edition)

Our recommendation

The money book Australians keep coming back to.

The Barefoot Investor (Classic Edition)

$19.00 ★★★★★ 4.8 (8.2K reviews)
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Investment & Crypto

Crypto Profit & Loss Calculator

Calculate cryptocurrency profit, ROI, and estimated Australian CGT on your trades.

How this calculator works

Calculates total cost (buy price x quantity + buy fee) and total proceeds (sell price x quantity - sell fee). Profit is proceeds minus cost. ROI is profit divided by cost as a percentage. Estimated CGT applies the 50% discount if held 12+ months, then taxes at your marginal rate.

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Number of coins or tokens

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Exchange fee when buying (Coinspot ~1%, Binance ~0.1%)

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50% CGT discount applies if held 12+ months

Our pick

The Barefoot Investor (Classic Edition)

The Barefoot Investor (Classic Edition)

Understanding your numbers is step one. This is the book most Australians start with.

$19.00 ★★★★★ 4.8 (8.2K reviews)
Check price on Amazon →

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If you're looking to go deeper on this, the Monthly Budget Planner & Expense Tracker ($10.99, 5★ from 4 reviews) is worth a look. Affiliate link

FAQ

Frequently asked questions

How is crypto taxed in Australia?

The ATO treats crypto as a CGT asset. Every disposal (selling, trading, swapping, or spending crypto) is a CGT event. Profits are added to your taxable income. Losses can be offset against crypto gains but not other income. The 50% CGT discount applies if held 12+ months.

Do I pay tax on crypto I have not sold?

No. Simply holding cryptocurrency does not trigger a tax event. You only pay tax when you dispose of it (sell, trade, swap, spend, or gift). Transferring between your own wallets is not a taxable event.

What records do I need for crypto tax?

The ATO requires records of: date of each transaction, the amount in AUD at the time, what the transaction was for, the other party's wallet address (from exchange records). Most exchanges provide transaction history. Use a crypto tax tool like Koinly or CryptoTaxCalculator for complex portfolios.

Is crypto-to-crypto trading taxable?

Yes. Swapping one cryptocurrency for another (e.g., BTC to ETH) is a CGT event in Australia. You must calculate the gain or loss in AUD at the time of the swap. This catches many people unaware.

Monthly Budget Planner & Expense Tracker

Monthly Budget Planner & Expense Tracker

$10.99 ★★★★★ 5 (4)
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