Capital Gains Tax Calculator Australia 2026-27
Estimate capital gains tax on Australian property, shares and other assets. Applies the 50% CGT discount, main residence exemption and your marginal tax rate for 2026-27.
Capital Gains Tax Payable
$1,200
Net proceeds: $16,800
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Frequently Asked Questions
How is capital gains tax calculated in Australia?
Capital gain = sale price − cost base (purchase + improvements + acquisition costs). If you've held the asset more than 12 months as an individual, you receive a 50% CGT discount. The remaining gain is added to your assessable income and taxed at your marginal rate.
What is the CGT discount?
Individuals and trusts that hold a CGT asset for more than 12 months can reduce their capital gain by 50% before adding it to income. Companies do not get the discount; super funds get a 33.33% discount.
Is the main residence CGT-free?
Yes — generally your principal place of residence is exempt from CGT. The exemption can be partial if you've rented it out, used it for business, or owned it for less than the entire ownership period.
How is CGT on inherited property calculated?
If you inherit a property, you generally take on the deceased's cost base (or the market value at date of death if it was their main residence). CGT only applies when you sell. The 2-year main residence exemption may apply.
What CGT rate applies in Australia?
There is no separate CGT rate — capital gains (after discount) are taxed at your marginal income tax rate, which can be 0%, 15%, 30%, 37% or 45% in 2026-27 plus the 2% Medicare levy.