Australian Capital Gains Tax (CGT) Discount Calculator
Calculate CGT liabilities and holding discounts for assets sold in Australia.
Australian Capital Gains Tax (CGT) Discount Calculator
Estimate CGT bills on shares and property sales, factoring in the 50% holding discount and capital loss offsets.
Asset Sale Details
Calculation Figures
What is the Australian Capital Gains Tax (CGT) Discount Calculator?
Calculate your Australian capital gains tax. Estimates net gains after offset losses and applies the 50% discount for assets held over 12 months.
How Does the Australian Capital Gains Tax (CGT) Discount Calculator Work?
1. Input purchase and selling prices. 2. Input ownership duration. 3. Input other taxable income and capital losses. 4. View CGT owed and net profit.
Formula & Calculation Method
Gain = selling price - purchase price. Applies 50% discount if held >= 12 months. Adds discounted gain to other income to estimate marginal tax difference.
Example Calculation
Gain of $15k, held 14 months, other income $85k. 50% discount makes taxable gain $7.5k. Marginal tax on $7.5k is ~$2,588.
Frequently Asked Questions
Gain = selling price - purchase price. Applies 50% discount if held >= 12 months. Adds discounted gain to other income to estimate marginal tax difference.
Disclaimer: This tool is provided for informational and calculation purposes. Output values are estimates based on standard user inputs.