Hi all,
I just recently noticed that I have to pay a hefty amount of tax if I were to sell, my 1.25BTC for example for an emergency reason. Which is close to 130k AUD and tax of close to 30k if I were to sell today. Is there any way to avoid this?? Or how do you all Aussies living in Australia deal with this, tbh I have never sold BTC for this much only small amount $500-$2000 dollars and never been taxed on those amounts. Keen to hear from you all!
Edit: lads how about selling BTC to a physical btc dealer in Sydney for cash money straight into my hands without any bank involved?
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