Estimate your Capital Gains Tax (CGT) on cryptocurrency trades in Australia. Includes 2024-2025 tax brackets and the 50% long-term holding discount.

Used to determine your marginal tax bracket.

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    How to Use This Calculator

    Understanding Australian Crypto Tax

    In Australia, cryptocurrency is treated as an asset (Property) for tax purposes, not currency. This means every time you sell, trade, or spend crypto, you trigger a Capital Gains Tax (CGT) event.

    The 50% CGT Discount

    This is the most important rule for investors. If you hold a cryptocurrency for more than 12 months before selling it, you are eligible for a 50% discount on the capital gain.

    • Short Term (<12 months): You pay tax on 100% of the profit.
    • Long Term (>12 months): You pay tax on only 50% of the profit.

    Marginal Tax Rates (2024-25)

    Your capital gains are added to your regular income (like your salary) and taxed at your marginal rate. This calculator uses the Stage 3 Tax Cut rates effective July 1, 2024:

    • $0 – $18,200: 0%
    • $18,201 – $45,000: 16%
    • $45,001 – $135,000: 30%
    • $135,001 – $190,000: 37%
    • $190,001+: 45% (Plus 2% Medicare Levy)

    The Math Behind It (ATO Rules)

    This calculator applies the 2024-2025 Resident Tax Rates (including the Stage 3 tax cuts).

    $$ Tax = (Income + Gain_{taxable}) \times Rate - (Income \times Rate) \ \text{where } Gain_{taxable} = (Sale - Cost - Fees) \times 0.5 \text{ (if > 12 months)} $$

    Where:

    • $Gain_{taxable}$ is the amount added to your taxable income.
    • $Income$ is your annual salary or wages.
    • $Rate$ is your marginal tax bracket percentage.