AU Capital Gains Tax Calculator 2021-2022
Calculate CGT on property, shares, and crypto. Includes 50% discount and resident tax rates (FY22).
💼 Asset Information
📊 Tax Information
💵 Tax Summary
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Detailed Calculation Breakdown
2021-2022 CGT Information
50% CGT Discount
You may eligible for a 50% discount on your capital gain if:
- You are an Australian resident for tax purposes.
- You owned the asset for at least 12 months before selling.
- You represent an individual (not a company).
Foreign residents are generally not eligible for the discount on assets acquired after 8 May 2012.
Marginal Tax Rates (Residents)
Understanding Australian Capital Gains Tax
📅 What triggers CGT?
Capital Gains Tax (CGT) is triggered when you sell or dispose of an asset (a "CGT event"), such as real estate, shares, or cryptocurrency. It is not a separate tax; your net capital gain is added to your assessable income and taxed at your marginal rate.
🏠 Main Residence Exemption
Your family home (main residence) is generally exempt from CGT if you have lived in it for the entire ownership period and have not used it to produce income (like renting it out).
⏳ The 12-Month Rule (50% Discount)
Australian residents (individuals) who hold an asset for at least 12 months before selling are eligible for a 50% discount on their capital gain. This means only half the gain is added to your taxable income.
📉 Capital Losses
If you sell an asset for less than it cost, you have a capital loss. Losses can deduct from capital gains but cannot deduct from salary or wages. Unused losses can be carried forward indefinitely.
Disclaimer: Australian Capital Gains Tax based on ATO 2021–2022 rules. 50% CGT discount applied where eligible. This tool calculates an estimate of the tax payable on your capital gain by adding it to your other income. Actual tax liability may vary. Consult a registered tax agent.