Hello All. I just want to start by saying that ATO should make a section on its own in mytax for cryptocurrency and not just push it to a CGT event to generalise it. This will make reporting crypto much easier and benefical overall.
I think I got screwed last year because they taxed me on my whole amount of crypto cgt when I have held it for a year. Shouldn't there be a an option or tick that says, how long have you held it.
Anyway doing my tax now and not sure where to tell this MyTax 2022 that I have held crypto for years and please give me the 50% discount.
Capital gains tax exemption, rollover or additional discount type code * is it in this section
Please help.
Also last year they taxed my on the full amount and no discount, how can I get that money back that they where not suppose to tax and no discount was applied.
PLEASE ATO NEXT YEAR MAKE A INDIVIDUAL SECTION FOR CRYPO
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