Tax Tool

Capital Gains Tax (CGT) Calculator

Calculate CGT payable on investment property, shares, and assets.

Last reviewed by the myCalculator Editorial Team

This calculator uses Australian rules and Australian data sources. Results may not apply outside Australia.

Input Parameters

Enabled

Calculation Results

Estimated CGT Payable
$33,450
Net Taxable Capital Gain
$111,500
50% CGT Discount Applied
$111,500
Gross Capital Gain
$223,000
Total Asset Cost Base
$377,000

Formula & How Capital Gains Tax (CGT) Calculator Works

Mathematical Formula
Net Gain = (Sale - Cost Base) × 50% Discount

Capital gains tax applies when you sell an asset for more than its cost base. The cost base is the purchase price plus incidental costs such as stamp duty and legal fees. If you bought for $350,000 with $15,000 of costs and sell for $500,000, the capital gain is 500,000 − 365,000 = $135,000. An individual who has held the asset for more than 12 months can generally apply the 50% discount, leaving a net gain of $67,500. That amount is added to your taxable income and taxed at your marginal rate, it is not a flat tax. Main residence exemptions, losses and other rules can change the result, so check the ATO guidance or a tax agent for your situation.

How to Calculate Capital Gains Tax (CGT) Calculator (Step-by-Step)
  1. Enter Asset Purchase Price ($): Input your target parameter value.
  2. Enter Asset Sale Price ($): Input your target parameter value.
  3. Enter Purchase Incidental Costs ($): Input your target parameter value.
  4. Enter Sale Incidental Costs ($): Input your target parameter value.
  5. Enter Held Asset Over 12 Months?: Input your target parameter value.
  6. Enter Marginal Tax Rate (%): Input your target parameter value.
  7. Apply Formula: Calculate using Net Gain = (Sale - Cost Base) × 50% Discount.
  8. Review Results: View exact computed answers, metrics, and worked mathematical proofs.
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Frequently Asked Questions (FAQs)

Is your main residence subject to CGT?

No, your main home is generally exempt from CGT in Australia.

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Official Regulatory & Government Data Sources

Authoritative Standards & Verified Reference Citations

Independent & Verified

Calculations and mathematical logic on this page are grounded in published statutory rules, regulatory standards, and official government data published by the following bodies:

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