Capital gains tax isn’t a separate tax. The gain is added to your income for the year you sell, so the tax depends on what else you earn.
Rates checked against ATO and official sources on 26 September 2026. How we calculate
Results update as you type.
Estimated capital gains tax$37,02518.1% of your $205,000 gain
Capital gain
$205,000
50% CGT discount
−$102,500
Added to your taxable income
$102,500
Extra tax (incl. Medicare levy)
$37,025
Gain after tax
$167,975
Your main residence is usually exempt from CGT. From 1 July 2027 the 50% discount is being replaced by indexation and a 30% minimum tax for gains made after that date.
Capital gain = sale price − purchase price − costs (stamp duty, legal fees, agent commission, capital improvements).
50% discount if you owned it for more than 12 months (individuals and trusts).
The remaining gain is added to your taxable income and taxed at your marginal rate, plus the Medicare levy.
Joint owners each pay tax on their share. Your main residence is usually exempt. Depreciation you claimed on a rental property can reduce the cost base, so check with your accountant.
Changes from 1 July 2027: for gains made after that date, the 50% discount is replaced by indexing the cost base for inflation plus a 30% minimum tax. Gains up to 30 June 2027 keep the current rules.
Common questions
Do I pay CGT on my home?
Usually not. Your main residence is exempt, unless you rented it out or used it to run a business.
When is CGT paid?
In your tax return for the financial year the contract was signed, not when settlement happens.
Can I reduce capital gains tax?
Common legal ways include holding for more than 12 months, timing the sale for a lower-income year, and offsetting capital losses. Get advice for your situation.