The ATO has issued guidance to avoid errors:
✔️ Deduct capital losses in the same year they occurred.
✔️ Carry forward net capital losses to later income years to offset future capital gains.
✔️ When transferring cryptocurrency from one wallet to another, it is not considered a CGT disposal if ownership of the coin is maintained.
✔️ Get the cost base right by including things like brokerage fees, transfer costs, platform costs, borrowing expenses, interest on loans and legal fees.
Current as at publication date.