Tools for Tax Time

There are many tools online that can be used to assist in record keeping, and to generate reports for tax time. These tools allow you to easily generate and create regulatory compliant tax reports in a few simple steps, among other helpful features.

There are typically two ways you can import your CoinSpot transactions to these platforms, these are via an API or by downloading your .CSV files from CoinSpot and uploading them.

When using an API it is very important to provide READ ONLY access to a third party and not full access.

Instructions on API Key set up and locating & downloading EOFY/CSV Files can be located below: 

• How to set up API Key
• Locating & Downloading EOFY Statement & CSV File

The tools below are easy to use and easy to set up. If you would like to try these tools yourself, please visit the sections below. Articles to set it up can be located within the text step by step guide.

Crypto Tax Calculator

Crypto Tax Calculator is the #1 Australian-owned crypto tax software, specifically built for ATO guidelines. 

Crypto tax doesn't have to be a nightmare. ​​Get 30% off your tax report* using code COINSPOT30.

• ATO myGov Report - file directly with the ATO via myTax 
• Australian-based support - get comprehensive, 24/7 support for even the most complex activity
• Most tax effective - our Australian-specific algorithm minimises your tax by optimising your disposals and maximising your long-term capital gains discount

*As a CoinSpot user, you can use our exclusive discount code COINSPOT30 to enjoy a 30% saving on all CTC plans. New Crypto Tax Calculator customers only. Expiry: 31 October 2024.

To connect your CoinSpot account to Crypto Tax Calculator follow our step by step guide.

Syla

Meet Syla - Australia’s crypto tax software, created by a team of tax professionals exclusively for Australian crypto investors. Get your ATO crypto tax report which is optimised to save you tax.

• Best value - affordable plans supporting up to 100,000 transactions.
• Maximise your tax savings - using Syla’s proprietary LTFO method.
• Private wealth - support for company, trust and SMSF accounts.

To connect your CoinSpot account to Syla follow the step by step guide.

Koinly

Why choose Koinly?

• Generate a complete crypto tax report outlining capital gains, expenses and various sources of income in as little as 20 minutes
• Track your total holdings, growth and expenses year-round on a dashboard
• Integration with 750+ exchanges, wallets and services or upload your transactions via CSV
• Built to comply with Aussie tax standards, plus you can easily invite your Accountant onto the platform for review and lodgement
• 24/7 Customer Support and an Australian based team
• Over 1000 5-star reviews on TrustPilot
• Free signup and preview

To connect your CoinSpot account to Koinly follow our step by step guide.

CoinLedger

CoinLedger is an all-in-one portfolio tracking, and crypto tax software solution that integrates with CoinSpot. Supporting tax calculations in Australia, the United States, and other countries around the globe, CoinLedger aims to calculate your taxable income from capital gains, NFTs, and DeFi transactions in just a few minutes. Along with calculating your short and long term capital gains & losses, the team at CoinLedger also allows you to export this information into a tax filing software of your choice.

CoinLedger aims to offer an-ever expanding list of supported crypto exchanges and blockchains. While also allowing you to automatically import your CoinSpot transactions into their app.

To connect your CoinSpot account to CoinLedger follow our step by step guide.

Need more help?

Please submit your request via Zendesk - https://coinspot.zendesk.com/hc/en-us/requests/new

or start a conversation with us via Live Chat and our team will provide full instructions and advice.