Free Australian Finance Calculators
Estimate CGT at your marginal rate with the 50% discount for assets held over 12 months.
Estimated CGT Payable
$31,250
For Australian resident individuals. Does not cover companies, trusts, or foreign residents. CGT events vary — this covers the most common disposal scenario.
Your capital gain is added to your other income and taxed at your marginal income tax rate. If you held the asset for more than 12 months, apply the 50% CGT discount first — so only half the gain is assessable income.
Australian resident individuals who held an asset for more than 12 months can discount the capital gain by 50%. For example, a $100,000 gross gain becomes a $50,000 taxable gain, saving $15,000–$22,500 in tax depending on your marginal rate.
The cost base includes: (1) purchase price; (2) acquisition costs — stamp duty, legal fees, agent fees; (3) capital improvement costs; (4) disposal costs — agent commission, legal fees on sale. Daily maintenance and loan interest are generally excluded from cost base but may be deductible as rental expenses.
Yes — your main residence is generally fully exempt from CGT if you lived there the entire period of ownership and didn't use it to produce income. If you have ever rented it out or run a business from it, a partial exemption applies proportional to the time it was your main residence.
Yes — capital losses in the same year are used first to reduce gains. Remaining losses carry forward indefinitely. You cannot offset capital losses against ordinary income (wages, rent). Carried-forward losses must be used before applying the 50% discount.
When you sell an investment property, the net capital gain (after 50% discount if held 12+ months) is included in your income tax return for that year. Stamp duty and legal fees paid at purchase are in the cost base — reducing your taxable gain. Selling agent commission and legal fees on sale are also deductible from the gain.
From 1 July 2027, the 50% CGT discount for individuals is being replaced with cost base indexation — your purchase price is adjusted upward for CPI inflation, and you pay tax on the real (inflation-adjusted) gain only. A 30% minimum tax floor also applies. Assets sold before 1 July 2027 still get the full 50% discount. For assets held across that date, transitional rules split the gain between the old and new systems. This calculator uses the current rules (50% discount) — use it to model gains under the existing regime.