What is Australia capital gains tax?

Australia does not have a separate CGT. Capital gains are included in taxable income and taxed at your marginal rate. The CGT discount and other concessions reduce the gain included in income.

What is the 50% CGT discount?

Australian resident individuals and trusts get a 50% discount on capital gains from assets held for 12 months or more. Super funds get a 33.33% discount. Companies get no discount.

When does the 6-year rule apply for property?

If you move out of your principal place of residence but do not buy another home, you can continue to treat the property as your PPOR for up to 6 years (absent rule). The property avoids CGT for that period.

How are capital losses applied?

Capital losses must first be offset against capital gains in the same year. Net capital losses carry forward indefinitely to offset future capital gains. Capital losses cannot be offset against ordinary income.

How is CGT calculated for investment property?

Cost base = purchase price + acquisition costs + improvement costs + holding costs not claimed as deductions. Capital gain = sale proceeds minus cost base. Apply 50% discount if held 12+ months. Include net gain in taxable income.

Australia Capital Gains Tax (CGT) Calculator

Calculate Australian CGT. No separate CGT rate: net capital gains included in taxable income. 50% CGT discount for assets held 12+ months (individuals and trusts). Indexation method vs discount method comparison.

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Annual Rate (%)

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Compounding / Year

$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.

How to Use

Enter the values for the scenario you are assessing. Calculate Australian CGT. No separate CGT rate: net capital gains included in taxable income. 50% CGT discount for assets held 12+ months (individuals and trusts). Indexation method vs discount method comparison. Use the australia cgt calculator result to inform your calculation.

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Frequently Asked Questions

What is Australia capital gains tax?

What is the 50% CGT discount?

When does the 6-year rule apply for property?

How are capital losses applied?

How is CGT calculated for investment property?