Tax Tool

Capital Gains Tax (CGT) Calculator

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

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

Individuals holding an asset for over 12 months receive a 50% CGT discount on net capital gains before adding to taxable income.

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.

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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