Simplify Your SMSF Accounting & Compliance

We are a reliable team of Chartered accountants who specialise in SMSF accounting services.

Whether it's navigating the SMSF application process, compiling and submitting SMSF tax returns or ensuring your SMSF tax return is audited and compliant with the ATO requirements, our team of accountants can provide you with expert service for any SMSF asset class including property, crypto, gold, shares and more.

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Why Trust Us With Your SMSF Cryptocurrency Investment

5-Star Rated Service
Consistently rated 5 stars by clients for value, service and clear guidance.
Dedicated SMSF Specialists
Work directly with experienced Chartered Accountants and SMSF specialsts.
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Get help anytime from a fully Australian-owned and Australia-based team.
Australian owned and based
Work with an Australian-owned team that understands local rules and market.

Our SMSF accountants Australia specialise in tax and accounting services as well as SMSF auditing.

Unlike traditional super funds, an SMSF gives you full control over your investment choices, including the ability to buy, hold, and trade crypto. In 2014, the Australian Tax Office approved cryptocurrencies as an investment option for trustees of an SMSF wanting to invest in SMSF crypto.
SMSF cryptocurrency investment, such as Bitcoin, has become increasingly popular among SMSF investors; however, it’s extremely important to understand your duties and obligations as the director of an SMSF wanting to invest in SMSF crypto.
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What You Need to Know About SMSF Crypto Investment

Our team of SMSF specialists and Chartered accountants at New Venture Wealth can help you apply for an SMSF for crypto investing and ensure your SMSF crypto investments comply with the ATO’s rules and regulations.
Once we receive your online SMSF application, we supply the following:
SMSF Consultant every step of the way.Supply you with the SMSF Trust Deed.All required documentation to appoint trustees.Make an application to the ATO to obtain a Tax File Number & Australian Business Number for your SMSF.Supply you with “minutes” documents acknowledging your SMSF has been established.Annual accounting and auditing services.

SMSF Crypto ATO Requirements

When managing a self-managed super fund (SMSF) that invests in cryptocurrency, there are several important things to keep in mind.
ATO Compliance Rules
Your SMSF must fully comply with all ATO rules when investing in cryptocurrency. This includes how the fund is structured, who manages it, how assets are stored, and how yearly reporting is handled.
How Crypto Is Taxed in an SMSF
The ATO treats cryptocurrency as an asset, not a currency. This means SMSFs must consider capital gains tax (CGT) when selling, trading, or disposing of crypto. Accurate, detailed transaction records are essential.
SMSF Assets Amount
Make sure your SMSF has enough cash or easily tradable assets to meet its financial obligations. Because cryptocurrency values can fluctuate dramatically, maintaining adequate liquidity helps reduce risk and ensures the fund can cover any unexpected expenses or withdrawal requirements.
Our team of qualified professionals and SMSF accountants in Australia can help you get set up with an SMSF for crypto investing and ensure that your SMSF investments comply with the ATO’s rules and regulations. Whether you are looking into SMSF crypto or SMSF property services, our dedicated team can help you out every step of the way.

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Frequently Asked Questions

Yes, the ATO permits SMSFs to invest in cryptocurrency as long as it aligns with your fund’s investment strategy and trust deed. You must use AUSTRAC-registered exchanges with Australian operations and maintain separate SMSF accounts from personal holdings. The best SMSF cryptocurrency platforms include CoinSpot, Digital Surge, and Coinstash, which offer dedicated compliance support.

Yes, the ATO actively tracks SMSF crypto transactions through its data-matching program, collecting information from 1.2 million Australian crypto users in 2024. All AUSTRAC-registered exchanges must provide personal and transaction data dating back to 2014-15, including names, addresses, bank details, transaction values, and asset types. The ATO cross-references this data with tax returns to identify unreported crypto gains.

We highly recommend ‘Swyftx’ crypto exchange. They offer dedicated smsf support and industry best trade fees.

Swyftx lead as the best SMSF crypto platform in Australia, offering dedicated SMSF support and compliance tools. They provide auditor-friendly end-of-financial-year reporting, separate SMSF account management, and Australian regulatory compliance with fees ranging from 0.5% to 0.6%.

The 5% rule restricts SMSFs from holding more than 5% of total fund assets as in-house assets, which includes loans to or investments in related parties. This applies at market value each financial year. If exceeded, trustees must prepare a written rectification plan by the following year’s end. The rule prevents SMSFs from being used for non-retirement purposes.

Cryptocurrency in complying SMSFs enjoys a concessional 15% tax rate on capital gains. If crypto is held for more than 12 months, the discounted rate of 10% applies under CGT rules. Funds in the pension phase may qualify for 0% tax on crypto gains, while non-complying funds face the highest marginal tax rate of 45%.

To purchase crypto in an SMSF, first establish your fund with a proper trust deed and ATO registration. Choose an AUSTRAC-registered exchange like CoinSpot SMSF, Digital Surge, or Coinstash that offers SMSF accounts. Complete KYC verification by providing SMSF ABN, trust deed, and trustee documentation. Fund your SMSF account and execute trades according to your documented investment strategy.

New Venture Wealth offers free 30-minute online SMSF consultations to discuss your specific setup requirements and crypto investment goals. Our team includes chartered accountants, SMSF experts, and customer success managers ready to guide you through the complete process. You may also contact us at 1300 050 939.

SMSFs offer legitimate tax minimisation strategies for crypto investments. Hold crypto investments for over 12 months to access the CGT discount. Transition to the pension phase for 0% tax on investment earnings. Consider tax-loss harvesting and strategic timing of disposals within your SMSF’s investment strategy framework.

All SMSFs require annual independent audits by ATO-approved auditors, regardless of fund activity or contributions. While a proposed three-yearly audit cycle for compliant funds was discussed in 2018-2019, it was never implemented. Annual audits cost approximately $550-$640 and ensure compliance with superannuation and tax laws.

According to SMSF crypto news as of March 2025, Australia has 646,168 SMSFs with 1,197,293 members, managing $1.01 trillion in total assets. The sector continues growing with 9,956 new establishments in Q1 2025, the highest for this quarter and 1,754 above the previous year. Listed shares comprise 26% of SMSF assets, followed by cash deposits at 16%.

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We provide a FREE 30 minute online SMSF consultation to help you discover how to set up a self managed super fund.

Book in a time for your free SMSF Consult with one of our account managers who will be happy to answer any queries you have about setting up your new SMSF

Phone Number1300 050 939
Email Addressinfo@newventurewealth.com.au

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New Venture Wealth are SMSF Specialists and Chartered accountants. We are not financial advisors, and no content on this website should be considered as financial advice. Monthly tax and compliance fees are based on tax and compliance services for SMSF assets. Our monthly tax and compliance fees may vary (we will provide 14 days’ written notice).

*  Free SMSF offer excludes ASIC fees. Must take up first year accounting services on direct debit to qualify for the free SMSF

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