Breakdown of calculations
Gross capital gain$230,000
Capital losses$0
CGT discount-$115,000
Taxable capital gain$115,000
Investors and accountants
Capital Gains Tax Calculator
Estimate Australian capital gains tax outcomes with cost base, sale proceeds, ownership period and discount assumptions.
Plain-English explanation
Estimate capital gain, discount eligibility and resulting taxable capital gain included in taxable income.
Assumptions are adjustable where practical. The calculator does not determine eligibility, residency, grouping, exemptions, anti-avoidance rules or every offset.
Tax payable
$43,600
Effective tax rateEffective tax rate is the estimated tax payable divided by the taxable base for this calculator. It shows the average rate across the amount being taxed, not the rate on your next dollar. Refunds and credits are shown as 0%.
37.9%
Marginal tax rate
30.0%
Tax savings / credits
$51,750
Supporting assumptions
- Individual CGT treatment selected
- No main residence or small business concessions
Formula used
Capital gain = sale proceeds - cost base - costs. Taxable gain = gain after discount and losses.
Worked example
An asset sold for $650,000 with a $420,000 cost base and 12-month ownership may qualify for a 50% discount for individuals.
ATO and revenue guidance
FAQs
Does this include main residence exemption?
No. Main residence, small business CGT concessions and special asset rules need separate analysis.
Can companies use the 50% CGT discount?
Companies generally cannot use the 50% CGT discount.
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