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Capital Gains Tax Calculator

Estimate the tax on a capital gain. In Australia the net capital gain is added to your income and taxed at your marginal rate — with a 50% discount for assets held over 12 months.

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AUD
AUD
Australia has no separate CGT rate — the net capital gain is added to your taxable income and taxed at marginal rates, plus the 2% Medicare levy. Individuals and trusts get a 50% discount on assets held over 12 months (companies do not). Your main residence is generally exempt. Capital losses offset gains before the discount.

Capital Gains Tax

Marginal tax on the net gain
$0

How CGT works in Australia

Australia does not have a standalone capital gains tax. Instead, your net capital gain for the year is added to your assessable income and taxed at your marginal rate. So the tax you pay depends on your other income: a gain that pushes you into a higher bracket is taxed at that higher rate, and the 2% Medicare levy applies as well.

Individuals (and trusts) who have held an asset for more than 12 months get a 50% CGT discount — only half the gain is taxed. Capital losses, including those carried forward, are subtracted from gains before the discount is applied. Your main residence is generally exempt under the main residence exemption. Companies do not get the 50% discount.

FAQ

Is there a separate CGT rate?
No. The net capital gain is taxed as part of your income at your marginal rate, plus the Medicare levy.
How does the 50% discount work?
If you held the asset more than 12 months, only 50% of the gain is included in your income. Held 12 months or less, the full gain is taxed.
Is my home taxed?
Your main residence is generally exempt from CGT under the main residence exemption, subject to conditions.
Can losses reduce CGT?
Yes. Capital losses (current year and carried forward) reduce your gains before the 50% discount is applied.