What is cgt discount
CGT Discount Calculator
See how the 50% CGT discount reduces your taxable gain and tax when assets are held 12 months or more.
Capital gain details
DISCLAIMER
Calculate how the CGT discount can reduce your taxable capital gain
Enter your gross capital gain, taxable income and income year to estimate the potential tax difference when the 50% CGT discount applies.
Discount section
Capital gain details
Enter the capital gain before applying any CGT discount. If you have held an eligible asset for more than 12 months, you may qualify for the 50% CGT discount if the relevant requirements are met.
How the discount works
The calculator applies the eligible discount to your capital gain and estimates the resulting taxable gain. For example, a $70,000 eligible capital gain could be reduced to $35,000 after a 50% discount.
Important:
This calculator provides an estimate only. Your actual tax payable may vary depending on your circumstances, eligible costs, capital losses and the tax rules that apply to you.