Calculate capital gains tax on the sale of assets like shares or property
Enter details about your asset purchase and sale to calculate your capital gain or loss and the tax you may need to pay. Assets held for 12 months or more qualify for a 50% discount.
Your other taxable income for the tax year (salary, dividends, etc.)
Gross Capital Gain
$50,000
CGT Discount (50%)
$25,000
12+ months held
Net Capital Gain
$25,000
Tax Payable
$7,500
Effective Tax Rate
30.0%
Tax rate on capital gain
Good news: You held this asset for 12 months or more, so you qualify for the 50% CGT discount. This reduces your taxable capital gain by $25,000.
Capital Gains Tax applies when you sell an asset for more than you paid for it. The profit (capital gain) is added to your taxable income and taxed at your marginal rate.
CGT applies to most assets including shares, investment properties, cryptocurrency and collectibles. Your main residence is generally exempt from CGT.
Estimates only. Not financial or tax advice. Full disclaimer for your rights and our limitations of liability.
Rates and thresholds last updated for the 2024–25 financial year.