capital gains tax calculator qld
CGT Calculator Queensland
Estimate capital gains tax on Queensland property including estimated Queensland stamp duty in your cost base.
Property details
CGT is a federal tax. This calculator adds estimated Queensland transfer duty to your cost base. Does not replace professional advice.
Estimate the potential capital gains tax on Queensland property.
Calculate your property cost base
Held 12 months or more?
Holding an eligible asset for more than 12 months may allow you to qualify for the 50% CGT discount, provided the relevant requirements are met. Assets held for 12 months or less generally do not qualify for this discount.
Prior capital losses
An eligible capital loss from a previous year may be used to offset a capital gain, subject to the applicable rules. This can reduce the net capital gain included in your taxable income.
How your Queensland CGT estimate is calculated
The calculator compares the property’s sale price with its adjusted cost base to estimate the capital gain or loss. Eligible buying costs, selling costs, improvements and capital losses may affect the final gain. If the 12-month requirement is met and the relevant conditions apply, the 50% CGT discount may reduce the taxable capital gain.
important
This calculator provides an estimate only. Your actual CGT liability can depend on your individual circumstances, property use, eligible costs, ownership period, capital losses and the Australian tax rules that apply to you.