Tax Time with Stormrake & Syla

As we approach the end of the financial year, here’s a quick way to stay prepared for tax time.

Stormrake has partnered with Syla to provide a complete crypto tax report, fully tailored to Australian tax requirements. Whether you're lodging yourself or working with an accountant, Syla makes it simple to import your Stormrake transactions and calculate your crypto tax.

**Stormrake exclusive offer:
**
Get 30% off any Syla plan with the code STORMTAX at checkout. Register here.

How to register an account on Syla

1. Visit Syla and click the Try Free button.

2. Sign up using your Google account or email and a password.

Importing your Activity Statement CSV

3. After signing up, you’ll be prompted to add a Data Source. In the search bar, type Stormrake and select it from the list.

4. Choose File Import and upload your Stormrake Activity Statement CSV.

Don’t have one? Reach out to your Broker at Stormrake to request your Statement.

Review and download your Crypto Tax Report

5. After importing, you’ll land on your Dashboard, where you can view a summary of your portfolio.

6. Do you have other wallets or exchanges? Head to the Data Sources page and click Add Data Source to connect them.

7. Go to the Transactions page to view your transactions. You can make edits if needed.

8. When you’re ready, head to the Tax Reports page to download your Crypto Tax Report. You’ll need to choose a paid plan before downloading.

9. Share your reportwith your Tax Accountant when preparing your tax return, or follow Syla’s guide for self-lodging your own tax return.

Need Help

Get support directly via live chat at Syla.

Create a brokerage account today

Reach out to us at Stormrake for further market insight and allow us to help you navigate the sea of mania and laser-eye memes, so that you can realise your goals in the market!

No Advice Warning

The information in this newsletter is general only. It should not be taken as constituting professional advice from the author - Stormrake PTY LTD.

Stormrake is not a financial adviser and does not provide financial product advice. You should consider seeking independent legal, financial, taxation or other advice to check how the information relates to your unique circumstances. Stormrake is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by this newsletter.

Disclaimer

All statements made in this newsletter are made in good faith and we believe they are accurate and reliable. Stormrake does not give any warranty as to the accuracy, reliability or completeness of information that is contained here, except insofar as any liability under statute cannot be excluded. Stormrake, its directors, employees and their representatives do not accept any liability for any error or omission in this newsletter or for any resulting loss or damage suffered by the recipient or any other person. Unless otherwise specified, copyright of information provided in this newsletter is owned by Stormrake. You may not alter or modify this information in any way, including the removal of this copyright notice.