crypto tax calculator
Crypto CGT Calculator Australia
Estimate CGT on cryptocurrency disposals including exchange fees and the personal use exemption.
Cryptocurrency disposal
Crypto is taxed as CGT assets in Australia. Personal use exemption may apply for acquisitions under $10,000 if genuinely for personal use. Confirm with the ATO.
Estimate the potential capital gains tax on your cryptocurrency disposal
Enter your crypto acquisition cost, exchange or network fees and disposal proceeds to estimate your capital gain and potential CGT. You can also account for the 12-month CGT discount and eligible prior capital losses.
Calculate your crypto capital gain
Your capital gain is generally worked out by comparing the proceeds from disposing of your cryptocurrency with its relevant cost base. Eligible costs connected with acquiring, holding or disposing of the asset may affect the calculation.
Include eligible transaction costs
Certain costs directly connected with acquiring or disposing of an asset may be relevant when working out its cost base. Enter applicable exchange or network fees to help estimate the adjusted gain.
Held 12 months or more?
If an eligible cryptocurrency asset has been held for more than 12 months, you may qualify for the 50% CGT discount if the relevant requirements are satisfied.
Personal use asset (under $10k)?
Some personal-use assets may receive different CGT treatment. Whether the exemption applies depends on the relevant requirements and how the cryptocurrency was acquired and used.
Prior capital losses
An eligible capital loss from a previous year may be used to offset capital gains, subject to the applicable rules. This can reduce the net capital gain included in your taxable income.
How your crypto CGT estimate is calculated
The calculator compares your cryptocurrency disposal proceeds with the relevant cost base to estimate your capital gain. The holding period, eligible costs, personal-use treatment and available capital losses may affect the final taxable gain.
Important
This calculator provides an estimate only. Cryptocurrency transactions can have different CGT treatment depending on your circumstances, how the asset was acquired and used, eligible costs, holding period and applicable Australian tax rules.