[ { "post_id": "166", "post_category_id": "8", "post_title": "The Crypto Structure Series: Summary", "post_content_short": "Welcome to our comprehensive blog series designed for those navigating the complex landscape of cryptocurrency, NFT taxes and structuring.\nThroughout this series, we'll delve into different structures—trusts, companies, and self-managed super funds (SMSFs)—each tailored to\noptimise your crypto affairs legally and efficiently, rounding the series out with a blog summarising the advantages and disadvantages of\neach one. Whether you're a seasoned investor or new to the crypto world, this series will provide you with essential insights to make informed decisions about how best to manage and protect your crypto assets.
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\nAs we conclude our 4-part blog series on crypto structuring, we've explored the unique benefits and challenges of using trusts, companies,\nand self-managed super funds (SMSFs) for managing your cryptocurrency investments. Each structure offers distinct advantages tailored to\ndifferent investment goals, tax strategies, and compliance requirements. In this final blog, we'll summarise the key takeaways from each\nstructure and provide a real-world case study showcasing how all three structures can work together.", "post_icon": "https:\/\/www.consensuslayer.com.au\/media\/website_posts\/166\/book-meeting.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.consensuslayer.com.au\/blog\/advisory\/the-crypto-structure-series-summary\/", "post_date": "2024-12-09 06:00:00" }, { "post_id": "165", "post_category_id": "22", "post_title": "The Crypto Structure Series : SMSFs", "post_content_short": "Welcome to our comprehensive blog series designed for those navigating the complex landscape of cryptocurrency, NFT taxes and structuring.\nThroughout this series, we'll delve into different structures—trusts, companies, and self-managed super funds (SMSFs)—each tailored to optimise your crypto affairs legally and efficiently, rounding the series out with a blog summarising the advantages and disadvantages of\neach one. Whether you're a seasoned investor or new to the crypto world, this series will provide you with essential insights to make informed decisions about how best to manage and protect your crypto assets.\n

\n\tA conversation about structuring cannot happen without one of the most beneficial structures at your disposal in Australia. The final\n\tstructure in our arsenal of structures at your disposal to bridge traditional legal vehicles and the crypto industry is the mighty SMSFs for\n\tthose wanting to take full control of their retirement future – the self-sovereign way of life.\n", "post_icon": "https:\/\/www.consensuslayer.com.au\/media\/website_posts\/165\/SMSFstructure.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.consensuslayer.com.au\/blog\/superannuation\/the-crypto-structure-series-smsfs\/", "post_date": "2024-11-28 06:30:00" }, { "post_id": "164", "post_category_id": "8", "post_title": "The Crypto Structure Series : Companies", "post_content_short": "Welcome to our comprehensive blog series designed for those navigating the complex landscape of cryptocurrency, NFT taxes and structuring.\nThroughout this series, we'll delve into different structures—trusts, companies, and self-managed super funds (SMSFs)—each tailored to optimise your crypto affairs legally and efficiently, rounding the series out with a blog summarising the advantages and disadvantages of each one. Whether you're a seasoned investor or new to the crypto world, this series will provide you with essential insights to make informed decisions about how best to manage and protect your crypto assets.
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\n\tIn our last blog we covered off on Trusts for stacking crypto wealth in a tax effective manner. In the next blog in our series, we turn our\n\tattention to private limited companies.\n\n
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", "post_icon": "https:\/\/www.consensuslayer.com.au\/media\/website_posts\/164\/companystructure.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.consensuslayer.com.au\/blog\/advisory\/the-crypto-structure-series-companies\/", "post_date": "2024-11-18 06:00:00" }, { "post_id": "163", "post_category_id": "1", "post_title": "The Crypto Structure Series : Trusts", "post_content_short": "Welcome to our comprehensive blog series designed for those navigating the complex landscape of cryptocurrency, NFT taxes and structuring.\n\tThroughout this series, we'll delve into different structures—trusts, companies, and self-managed super funds (SMSFs)—each tailored to\n\toptimise your crypto affairs legally and efficiently, rounding the series out with a blog summarising the advantages and disadvantages of\n\teach one. Whether you're a seasoned investor or new to the crypto world, this series will provide you with essential insights to make\n\tinformed decisions about how best to manage and protect your crypto assets.
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\n\tIn our first blog we will tackle the trusts, the quintessential structure providing flexibility in any cryptopian’s tax affairs.\n", "post_icon": "https:\/\/www.consensuslayer.com.au\/media\/website_posts\/163\/truststructure.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.consensuslayer.com.au\/blog\/advisory\/the-crypto-structure-series-trusts\/", "post_date": "2024-10-21 05:26:10" }, { "post_id": "162", "post_category_id": "23", "post_title": "Case Study : Satoshi's Secret", "post_content_short": "In the dynamic realm of cryptocurrency, traders often confront substantial tax implications due to the asset class's high volatility and\n\tpotential gains. Strategic tax planning can significantly alleviate these impacts. This blog explores the case study of "Satoshi,"\n\ta high-income individual who adeptly transitioned her crypto trading activities into a company structure to take advantage of lower tax\n\trates and additional business benefits.\n", "post_icon": "https:\/\/www.consensuslayer.com.au\/media\/website_posts\/162\/Satoshi.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.consensuslayer.com.au\/blog\/case-study-satoshis-secret\/", "post_date": "2024-07-18 14:00:00" }, { "post_id": "161", "post_category_id": "23", "post_title": "The \"Sleeper\" Provision - everything you need to know about profit making provisions!", "post_content_short": "Crypto and digital assets have emerged as a lucrative investment avenue in recent years, captivating the attention of institutional\n\tinvestors, crypto enthusiasts and everyday individuals worldwide. “To the Moon!” or “When lambo (Lamborghini)?” is a common expression used\n\tby those looking to make a quick profit. But you need to be careful.  While you may be familiar with the capital gains tax (CGT)\n\tprovisions and the concept of carrying on a business, there’s a sleeper provision that can catch unsuspecting individuals venturing into\n\tthe crypto space, where they are neither clearly running a business (like a mining operation) nor simply acting as investors.\n", "post_icon": "https:\/\/www.consensuslayer.com.au\/media\/website_posts\/161\/trader.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.consensuslayer.com.au\/blog\/tax\/the-sleeper-provision-everything-you-need-to-know-about-profit-making-intentions\/", "post_date": "2024-06-06 03:01:21" }, { "post_id": "160", "post_category_id": "23", "post_title": "The Money of the people is Bitcoin but Bitcoin is not Money", "post_content_short": "Anyone who has had the opportunity to get into the Bitcoin and Cryptocurrency ecosystem knows the power this brings world as a new payment\n\trail to escrow value across time and space. Especially when you are on the Bitcoin Lightning Network or on various Layer 2 solutions in\n\tEthereum. You can send these payments anywhere in the world instantly and almost for free. These cryptocurrencies are fungible,\n\ttransferable, portable, divisible, uniform, and can be a medium of exchange within the system. So, this begs the question “Are\n\tcryptocurrencies such as Bitcoin, Ethereum and even forms of stable coins considered actual currency?”<\/em>\n", "post_icon": "https:\/\/www.consensuslayer.com.au\/media\/website_posts\/160\/btc-coins-and-USD.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.consensuslayer.com.au\/blog\/tax\/the-money-of-the-people-is-bitcoin-but-bitcoin-is-not-money\/", "post_date": "2024-05-02 04:26:51" }, { "post_id": "159", "post_category_id": "23", "post_title": "Cryptocurrency Assets : Consider the Capital Gains Tax Consequences", "post_content_short": "This article explores how cryptocurrency is captured by definitions within the tax act and how crypto assets would be treated for tax\npurposes held on capital account.  At a very simplistic level we dive into why cryptocurrencies are included as taxable assets and how capital gains can be calculated.", "post_icon": "https:\/\/www.consensuslayer.com.au\/media\/website_posts\/159\/Crypto-CGT.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.consensuslayer.com.au\/blog\/tax\/capital-gains-tax-and-crypto-assets\/", "post_date": "2024-02-21 03:58:28" }, { "post_id": "158", "post_category_id": "14", "post_title": "The Bitcoin Halving : Does History Repeat?", "post_content_short": "You might have recently heard about the Bitcoin Halving<\/em>, a term that generates considerable excitement in the crypto community and\n\tcuriosity among accountants and financial planners. This event is not only a cornerstone of Bitcoin's operation but also a catalyst for\n\tmarket movements. Let's explore the Bitcoin Halving and its historical impact.\n", "post_icon": "https:\/\/www.consensuslayer.com.au\/media\/website_posts\/158\/bitcoin-halving.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.consensuslayer.com.au\/blog\/crypto\/the-bitcoin-halving-does-history-repeat\/", "post_date": "2024-01-18 04:43:00" }, { "post_id": "157", "post_category_id": "8", "post_title": "The #1 reason why you need a specialist crypto accountant", "post_content_short": "We know that crypto moves at a fast pace. There's a saying in the crypto space that what happens in a month in crypto is equivalent to years\n\tin the normal finance market. The ethos is to move fast and break things to build a fully decentralised, global, and open-source foundation\n\tfor the future of finance. In this blog we will cover off on the number 1 reason why you need a crypto specialist and how we help you.\n", "post_icon": "https:\/\/www.consensuslayer.com.au\/media\/website_posts\/157\/meetingre.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.consensuslayer.com.au\/blog\/advisory\/the-1-reason-why-you-need-a-specialist-crypto-accountant\/", "post_date": "2023-12-20 14:00:00" }, { "post_id": "156", "post_category_id": "8", "post_title": "The role of the Accountant in Crypto Taxation: Why you Need a Crypto-Savvy Accountant", "post_content_short": "The world of cryptocurrency is rapidly transforming the financial landscape, introducing a whirlwind of innovation and complexities. Whether\n\tyou're an avid crypto enthusiast in Brisbane or exploring blockchain investments globally, here's why engaging with a specialist crypto\n\taccountant, like the experts at Consensus Layer, is non-negotiable.\n", "post_icon": "https:\/\/www.consensuslayer.com.au\/media\/website_posts\/156\/acct-meeting.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.consensuslayer.com.au\/blog\/advisory\/the-role-of-the-accountant-in-crypto-taxation-why-you-need-a-crypto-savvy-accountant\/", "post_date": "2023-12-02 14:00:00" }, { "post_id": "155", "post_category_id": "8", "post_title": "Bitcoin for small business: Receiving Crypto as payment", "post_content_short": "The cryptocurrency landscape has evolved well beyond speculative investments and trading. Today, numerous businesses are embracing bitcoin\n\tas a legitimate means of payment for their products and services. However, this shift towards a decentralised economy brings a distinct set\n\tof tax implications that business owners must be well-informed about.\n", "post_icon": "https:\/\/www.consensuslayer.com.au\/media\/website_posts\/155\/business-trading-red.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.consensuslayer.com.au\/blog\/advisory\/bitcoin-for-small-business\/", "post_date": "2023-10-08 14:00:00" }, { "post_id": "154", "post_category_id": "23", "post_title": "Navigating the Crypto Tax Maze: Myth vs. Reality", "post_content_short": "The digital frontier of cryptocurrencies has reshaped the way we think about finance, assets, and investments. Along with this wave of\ninnovation, however, comes a sea of misconceptions and myths, especially regarding the intersection of crypto and tax. With voices from all\ncorners offering advice, it's easy to get lost in the noise. At Consensus Layer, we aim to clear the fog and separate fact from fiction.\nJoin us as we debunk some of the crypto-tax myths we have encountered throughout our crypto journey.", "post_icon": "https:\/\/www.consensuslayer.com.au\/media\/website_posts\/154\/shutterstock_1975856621-res.png", "post_content_type": "page", "post_content_url": "https:\/\/www.consensuslayer.com.au\/blog\/tax\/navigating-the-crypto-tax-maze\/", "post_date": "2023-09-28 04:26:00" }, { "post_id": "153", "post_category_id": "23", "post_title": "Received an Airdrop: What does this mean for your tax?", "post_content_short": "Many investors may not realise that airdrops come with tax implications. In this article, we'll dive into the world of airdrop taxation\n\taccording to the Australian Taxation Office (ATO)<\/a> and provide some tips. Whether you're an experienced\n\tcrypto trader or just starting, understanding airdrop taxation is crucial for making informed financial decisions.\n", "post_icon": "https:\/\/www.consensuslayer.com.au\/media\/website_posts\/153\/shutterstock_1933376750res.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.consensuslayer.com.au\/blog\/tax\/received-an-airdrop-what-does-this-mean-for-your-tax\/", "post_date": "2023-09-14 07:58:44" }, { "post_id": "152", "post_category_id": "23", "post_title": "The Ultimate Guide to Crypto Taxation: Crypto ‘HODLER’ vs ‘TRADER’", "post_content_short": "At times is can be quite obvious if you are carrying on a business such as when you are mining and selling bitcoin for profit, creating NFTs\n\tas an artist for resale or even running a crypto exchange. The size, scale, profit motive and capital deployed would typically put you into\n\tthat category. However, there may be situations where it might not be as clear. For example, if you are trading crypto, digital assets or\n\tnon-fungible token (NFTs). This is an old argument even before the inception of Bitcoin and Crypto of  “A<\/em><\/strong>re\n\tyou an investor or are you a trader?<\/em><\/strong>”<\/em><\/strong>\n\n
", "post_icon": "https:\/\/www.consensuslayer.com.au\/media\/website_posts\/152\/crypto-investor-female-red.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.consensuslayer.com.au\/blog\/tax\/crypto-hodler-vs-the-trader\/", "post_date": "2023-08-30 22:37:40" }, { "post_id": "151", "post_category_id": "23", "post_title": "Unleash the Corporate Power: Tax Planning Strategies for Crypto Traders!", "post_content_short": "In the fast-paced world of cryptocurrency trading, some individual traders have ridden the waves of success, amassing impressive profits.\n\tYet, with great fortune comes the responsibility of managing tax obligations. In this blog post, we'll explore how savvy individual crypto\n\ttraders earning substantial net profits, like $300,000, can harness the power of Subdivision 122-A—a tax-efficient strategy—to restructure\n\ttheir assets and potentially slash their tax liabilities. Prepare to dive into the realm of crypto taxation and discover how to ride the\n\twaves of prosperity while minimising your tax burden.\n\n

", "post_icon": "https:\/\/www.consensuslayer.com.au\/media\/website_posts\/151\/cryptoinvesting.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.consensuslayer.com.au\/blog\/tax\/unleash-the-corporate-power\/", "post_date": "2023-08-03 03:06:00" }, { "post_id": "2", "post_category_id": "22", "post_title": "Unlocking the Crypto Superpower: Using Super to invest in Crypto", "post_content_short": "As cryptocurrencies continue to soar in popularity, an increasing number of crypto-natives are eyeing the opportunity to bolster their\n\tportfolios. Enter the Self-Managed Super Fund (SMSF), an avenue that allows you to invest in cryptocurrencies within the realm of\n\tsuperannuation. If you’re a Hodler with diamond hands who firmly believes in the revolutionary future of crypto, and had no idea about the\n\tpossibility of investing through your super, then this guide is tailor-made for you.\n", "post_icon": "https:\/\/www.consensuslayer.com.au\/media\/website_posts\/2\/cryptopiggybanksm.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.consensuslayer.com.au\/blog\/superannuation\/investing-cryptocurrency-via-superannuation\/", "post_date": "2023-06-23 00:00:00" } ]