Capital Gains Tax Calculator 2018

Capital gains tax (CGT) is a tax levied on the profits you make when you dispose of an asset that you have acquired on or after September 20, 1985. The amount levied with tax is calculated by getting the difference of the property acquisition and maintenance costs and the proceeds of the sale of the property barring any exemptions that are applied to from the Income Tax Assessment Act of 1997 or any exemption determined by the Australian Taxation Office (ATO).

Smart Property Investment's capital gains tax (CGT) calculator allows an estimated calculation of the CGT to be paid based on the sale price of a property minus all expenses associated with acquiring, holding, and disposing of the property. It indicates the total capital gains one can earn and tax one should pay the ATO.