Capital Gains Tax Calculator
Calculate the CGT payable on your investment property sale, including the 50% CGT discount for properties held over 12 months.
Property Details
$
$
Eligible for 50% CGT discount
Cost Base Deductions
$
$
$
Tax Details
CGT Payable
$25,188
Effective tax rate: 16.3% of capital gain
Sale Summary
Total Profit (After Tax)
$129,813
Net Proceeds
$804,813
Calculation Breakdown
Sale Price$850,000
Cost Base-$695,000
• Purchase Price$600,000
• Capital Improvements$50,000
• Buying Costs$25,000
• Selling Costs$20,000
Gross Capital Gain$155,000
50% CGT Discount-$77,500
Taxable Capital Gain$77,500
Marginal Tax Rate32.5%
CGT Payable$25,188
Sale Proceeds Breakdown
Net Proceeds
$804,813 (94.7%)
Selling Costs
$20,000 (2.4%)
CGT Payable
$25,188 (3.0%)
Important CGT Information
- The 50% CGT discount applies to Australian residents who hold assets for 12+ months
- Your main residence is generally exempt from CGT
- Capital losses can be offset against capital gains
- This calculator provides estimates only - consult a tax professional for advice
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