We get it, tax season can be a stressful time, even more so when dealing with cryptocurrency transactions 🫠
To keep our Kiwi users on track in the lead-up to the tax return deadline (7 July 2025), we have three incredible resources: the Binance Tax, and fantastic offers from two of our Tax Partners, Koinly and Summ.
In this blog, we'll introduce you to these handy resources that can help you stay tax compliant this season. Get ready to tackle your crypto taxes like a pro!
The deadline for tax returns is just around the corner and we know tax season can be a dreaded time of the year for many — especially crypto users. Scouring a spreadsheet and computing all your transactions, gains, and losses throughout the past year can be, well, taxing. For day traders, who normally deal with thousands of transactions yearly, this means putting in extended hours to ensure the accuracy of their filings come tax reporting time.
If you’re struggling to stay on top of your crypto taxes or simply looking to speed up the process, make sure to check out our crypto tax tool, Binance Tax.
With just one click, you can now generate and download tax reports for use when preparing tax returns. These include a Realised Capital Gains Report, Income Gains Report and Transaction Report.
Please be aware that Binance Tax is still in its beta phase, so its algorithm may not cover all transaction types within our vast ecosystem. Binance users should adjust their final tax reports accordingly.
As a Binance NZ user, you now have the opportunity to leverage the power of Koinly to make your crypto tax reporting more efficient and fuss-free. Exclusive to Binance users, enjoy a 30% discount on your first Koinly tax report. Follow the details below to take advantage of this special offer:
Discount Code: BINANCENZ25
Discount Amount: 30% off
Valid: 3/4/2025 - 30/4/2025 and 01/06/2025 - 07/07/2025
To claim this offer, simply use the code 'BINANCENZ25' for 30% off your first Koinly tax report at checkout on https://koinly.io/
Binance Australia Users Get 30% Off With Summ!
Summ (formerly Crypto Tax Calculator) is a proudly Aussie-owned platform built for investors, traders, and businesses. Whether you're trading on exchanges or deep in DeFi and NFTs, Summ supports over 3,500 exchanges, wallets, and blockchains. No need to explain your degen moves - Summ generates accurate, accountant-endorsed tax reports that are fully compliant with ATO guidelines.
As a Binance Australia user, you’ll get 30% off all Summ plans. Just [sign up via this link](https://summ.com/au/binance), and your discount will be automatically applied.
Offer: 30% off
Eligibility: New users only.
By using the resources in this blog, our Kiwi users can seamlessly prepare for tax time with the Binance Tax Tool, and exclusive offers from Tax Partners Koinly and Crypto Tax Calculator. These valuable resources and partnerships make the process of navigating crypto taxes in New Zealand both straightforward and stress-free. Thank us later!
1. Get 30% off your Koinly tax report by using the discount code at checkout at Koinly.io
2. Koinly reserves the right to end the offer at any time.
3. This offer cannot be used in conjunction with any other offer.
4. Offer valid from 3/4/2025 - 30/4/2025 and 01/06/2025 - 07/07/2025
5. One use per customer. New Zealand customers only.
6. Excludes Koinly CPA and B2B customers
1. This offer grants 30% off your first Crypto Tax Calculator tax report using the discount code at checkout.
2. Offer available for new users and applies to your first year only.
3. The offer cannot be combined with other promotions.
4. Limited to one use per customer.
Disclaimer: This content is for general information purposes only, not investment advice. Cryptocurrencies, including Bitcoin, are volatile and fluctuate on a day-to-day basis, thus, trading requires proper diligence and sound judgement in order to evaluate the risks associated.
Binance Tax does not calculate your specific tax obligations and/or assist you with determining whether your transactions are taxable. Binance Tax assists you by generating relevant summary reports of your trading activity in order for you to calculate your tax obligations through your own methodology.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses. Binance and Binance New Zealand reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
