Estimate the tax on your profits from selling assets in Australia.
All fields are required for an accurate estimation.
In Australia, CGT isn't a separate tax. Your net capital gain is added to your assessable income for the year, and this total amount is taxed at your marginal income tax rates.
If you are an Australian resident and hold an asset for more than 12 months, you can generally reduce your capital gain by 50%. This calculator applies this discount automatically if you select the appropriate holding period.
Input the purchase price, selling price, and any associated buying or selling costs.
Enter your annual income and select the asset holding period to determine the correct tax rate and apply any discounts.
The calculator instantly shows your estimated total gain, your taxable gain after allowances, and the final tax payable.