Calculate Australian capital gains tax on shares, property, crypto, and other assets. Applies the 50% CGT discount for assets held over 12 months and your marginal tax rate.
| Item | Amount |
|---|
50% CGT Discount: If you held the asset for more than 12 months, only 50% of the net capital gain is included in your taxable income. This is the most important CGT concession for individuals.
Cost Base: Includes purchase price + stamp duty + agent fees + capital improvements + legal costs. For shares: include brokerage both ways.
Capital Losses: Must be offset against capital gains first. Excess losses can be carried forward indefinitely to offset future gains.
CGT on Crypto: The ATO treats cryptocurrency as a CGT asset, not currency. Every disposal (sale, trade, purchase) is a CGT event. Keeping accurate records is essential.