The ATO has released an investor toolkit, designed as a resource to assist tax time for anyone earning money from property or cryptocurrency. In addition to their existing rental property fact sheets, they have also included information on cryptocurrency, pay as you go instalments and capital gains tax in a variety of circumstances.

The toolkit also covers scenarios including renting out a room, and what records to keep as an investor, or if an owner investor through partaking in the sharing economy. 

The toolkit is designed to help investors avoid common and potentially costly mistakes in their returns and any penalties associated with incorrect claims.

Access the investor toolkit here.