EOFY tax checklist for Australian investors
15 June 2026 · Metrifly team · Updated 22 June 2026
Tax time is far easier when you’ve done a little before 30 June and gathered the right records after it. This is a practical end-of-financial-year (EOFY) checklist for Australian investors holding shares, ETFs and crypto.
This is general information, not tax advice. Check your own situation with a registered tax agent or the ATO.
Before 30 June
A few things can only be done before the financial year closes:
- Review your realised gains and losses for the year. Knowing your net position now lets you make informed decisions before the cut-off rather than discovering a surprise in October.
- Consider whether any capital losses are worth realising. Selling a holding that’s underwater realises a capital loss you can offset against gains. Be careful: the ATO scrutinises “wash sales” — selling purely to harvest a loss and buying straight back can be denied. Get advice if you’re unsure.
- Check your dividend holding periods. To claim franking credits you generally need to have held shares at risk for 45 days (see franking credits explained).
- Make any planned deductible contributions or expenses before the year ends.
Gather your records (after 30 June)
You can’t lodge until your funds finalise their figures. Collect:
- Trade history — every buy and sell, with dates and brokerage, for accurate cost bases.
- Dividend and distribution statements — including the franked/unfranked split and franking credits.
- AMMA statements from any ETFs or managed funds — these carry attributed income and a cost-base adjustment. See understand your AMMA statement.
- Foreign income records — overseas dividends and any tax withheld.
- Crypto transaction history — every disposal, including crypto-to-crypto swaps.
What you’ll report
| Income / event | Where it comes from |
|---|---|
| Capital gains and losses | Share, ETF and crypto disposals — see capital gains tax on shares |
| Dividends + franking credits | Australian shares and ETFs — see franking credits |
| Trust / AMIT components | ETF and managed-fund AMMA statements — see AMMA statement guide |
| Foreign income + FITO | Overseas shares — see foreign income and FITO |
| Crypto gains and income | Crypto disposals and rewards — see crypto tax in Australia |
Common EOFY mistakes
- Reporting the cash distribution, not the attributed income. For ETFs the AMMA statement, not your bank balance, is the source of truth.
- Forgetting the cost-base adjustment from AMMA statements — it changes your future capital gain.
- Missing crypto-to-crypto trades — each swap is a CGT event even though no dollars moved.
- Applying the 50% discount before capital losses — losses come off the gross gain first.
- Leaving brokerage out of the cost base — it lowers your gain, and your tax.
Make tax time quick
Metrifly’s tax reporting pulls all of this together: capital gains with the discount applied, dividends with franking credits, trust/AMIT components, foreign income with FITO, and crypto — each labelled with its myTax item code. Estimate single figures with the CGT calculator and franking credit calculator along the way.
If you’re comparing tools before EOFY, start with the job you need done: a clean CGT report for shares, dividend/franking reconciliation, or entity-aware reports for an SMSF or trust. Our Sharesight pricing comparison and Navexa pricing comparison explain the relevant full-tracker plans, add-ons and trial/free-tier differences with dated competitor sources.