Show download pdf controls
  • Capital gains tax

    How to calculate capital gains tax (CGT) on your assets, assets that are affected, and the CGT discount.

    What is capital gains tax?
    How capital gains tax (CGT) works, and how you report and pay tax on capital gains when you sell assets.

    List of CGT assets and exemptions
    Check if your assets are subject to CGT, exempt, or pre-date CGT.

    Acquiring CGT assets
    Establish the date you buy or acquire an asset, your share of ownership and records to keep.

    CGT events
    How and when CGT is triggered, such as when an asset is sold, lost or destroyed.

    CGT discount
    Find out if your asset is eligible for the 50% CGT discount.

    Calculating your CGT
    Use the calculator or steps to work out your CGT, including your capital proceeds and cost base.

    Property and capital gains tax
    How CGT affects real estate, including rental properties, land, improvements and your home.

    Shares and similar investments
    Check if you are an investor or trader, and how it affects tax on your shares or units in a fund.

    Inherited assets and capital gains tax
    How and when CGT applies if you sell assets you inherited, including properties and shares.

    Foreign residents and capital gains tax
    How CGT affects your assets if you are a foreign or temporary resident, or change your residency.

    Relationship breakdown and capital gains tax
    Find out if you can defer, or 'roll over', CGT on assets that transfer to you in a divorce.

    Market valuation of assets
    When and how to get your assets valued for CGT purposes.

    Related pages

    Guide to capital gains tax
    Find out about CGT, including instructions for completing the CGT section of the individual income tax return.

    Last modified: 30 Jun 2023QC 66013