> For the complete documentation index, see [llms.txt](https://docs.snapshotweb3advisory.xyz/home/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.snapshotweb3advisory.xyz/home/overview/what-problems-do-we-solve-for-you/staying-out-of-trouble-with-the-ato.md).

# Staying out of trouble with the ATO

We relieve the stress of your ATO reporting by keeping you up to date with your reporting obligations to the ATO including:

* Advising on application of GST & income tax to your project
* Preparation of workpapers & lodgment of business activity statements&#x20;
* Preparation & lodgment of payroll related obligations including single touch payroll
* Preparation of on-chain related workpapers for your tax accountant

A high-level summary of income tax treatment of using cryptocurrency in your business can be found here: <https://www.ato.gov.au/businesses-and-organisations/income-deductions-and-concessions/income-and-deductions-for-business/crypto-assets-and-business/crypto-assets-used-in-business>

A high-level summary of income GST implications of using cryptocurrency in your business can be found here: <https://www.ato.gov.au/businesses-and-organisations/gst-excise-and-indirect-taxes/gst/in-detail/your-industry/gst-and-crypto-assets/gst-and-digital-currency-as-payment>
