๐Ÿ‡ฆ๐Ÿ‡บ Australia ยท Guide

Capital Gains Tax โ€” Complete Overview

Australia doesn't have a separate CGT rate โ€” gains are added to your assessable income and taxed at your marginal rate, with a valuable discount for longer-held assets.

FY 2025-26Last reviewed 24 Jul 2026

The 50% CGT discount

If you're an individual or trust and held the asset for more than 12 months, only 50% of the gain is included in your assessable income. Companies don't get this discount.

Main residence exemption

Gains on the sale of your main residence are generally fully exempt from CGT, provided it was your home for the entire ownership period and wasn't used to produce income.

Capital losses

Capital losses can only offset capital gains (not other income), but can be carried forward indefinitely to future years.

Calculate your exact capital gains tax.

Use the Capital Gains Tax Calculator โ†’
VERIFY

CGT rules have many specific exceptions (small business concessions, foreign resident rules, etc.). Verify your specific situation with a tax advisor.