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Step 9 Applying the CGT discount

Last updated 5 October 2009

If you have any remaining capital gains you can now apply the CGT discount - if it is applicable - and reduce them by 50%.

Remember, you cannot apply the CGT discount to:

  • capital gains calculated using the indexation method, and
  • capital gains from CGT assets you bought and sold within 12 months.
Start of example

Example 9: Applying the CGT discount

As Fred had owned his shares for at least 12 months, he can reduce his $800 gain by the CGT discount of 50% to arrive at a net capital gain of $400 (cents are not shown):

$800 × 50% = $400

End of example

QC27788