Audience
Cryptocurrency investors and traders in New Zealand that need a crypto tax software solution
About Taxoshi
If you've bought, sold, earned, received or otherwise acquired digital currencies during any given tax year then you are almost certainly required to file the profit or loss as part of your tax return. If you're still not sure, you should talk with Inland Revenue or your accountant. In New Zealand, Inland Revenue treat digital currencies as a type of property. Their cryptocurrency tax guidance requires the profit or loss to be calculated using First in First Out in New Zealand Dollars at the time the trade occurred, even if the trade was between cryptocurrencies. It's no small task and can take days to untangle even with only a small number of trades. If you've taken a loss, it may be deductible from your income tax. Our algorithms do the heavy lifting by automating the currency conversions and calculating your trading and mining profit and loss in accordance with Inland Revenue's guidance. All we need from you are your exchange exports and mining addresses.
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"Poor customer service" Posted 2022-06-11
Pros: I can't advise what I like about this product as I haven't had a chance to see the product in full, due to inability to upload my documents and then non contact from their help desk.
Cons: I have had technical trouble uploading my files on their platform. I have sent a request for help both to their Tech support and twice to their "contact us" messaging system. You get a reply back to say they endeavour to contact you within 48 hours, but it has now been 1 week (7 days) and I have had no response. Not great customer service!!
Overall: I would like to be able to rate this product, but I can't. It is a very poor service from their part, I haven't even been able to go through the full steps to see what their reports are like.
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