Capital Gains Tax Calculator
Model your CGT liability including the 50% discount, cost base additions, and timing strategies.
Sale Details
Cost Base
Renovations, extensions (not repairs)
Tax Position
Salary + other income in the year of sale
Results
CGT Payable
$100,425
Effective rate: 22.0% of total gain
Capital Gain
$457,000
After cost base of $743,000
CGT Discount
$228,500
50% discount applied
Taxable Gain
$228,500
Added to your other income
Net Proceeds (After Tax)
$1,065,575
Sale price minus costs, commission, and CGT
Total Profit
$356,575
Cost Base Breakdown
Timing Opportunity
If your other income was $55,000 lower next financial year (e.g., reduced hours, sabbatical, retirement), you could save approximately $5,525 in CGT by deferring the exchange date.
Important Disclaimer
This calculator provides estimates for illustrative purposes only. It does not constitute financial, tax, or investment advice. Results depend on assumptions that may not reflect your actual situation. Always consult a qualified professional — such as a CPA, mortgage broker, or financial adviser — before making financial decisions. Ding Group provides integrated advisory through Local Knowledge (CPA), Ding Financial (Mortgage Brokerage), and Ding Real Estate (Licensed Agency).