Australia Crypto Tax Calculator (2026)
50% CGT discount for assets held over 12 months. Calculate your Australian crypto tax.
Trade Details
Capital gain
A$20,000
Taxable gain
A$10,000
After 50% discount
Tax owed
A$3,250
32.5% marginal
After-tax profit
A$16,750
This calculator provides an estimate based on general 2026 ATO rules and is not tax advice. Rules are scheduled to change from July 2027 — consult a registered tax agent for your specific situation.
The ATO treats crypto as a CGT asset. Hold it for more than 12 months before selling and you qualify for a 50% discount on the taxable gain.
Tax Rules
- •ATO treats crypto as property, subject to CGT on disposal (sell, trade, spend, gift).
- •50% CGT discount if held more than 12 months — only half the gain is assessable income.
- •Held 12 months or less: full gain taxable at marginal rate, no discount.
- •Added to assessable income, taxed at ordinary individual rates (no separate flat CGT rate).
- •UPCOMING CHANGE: 2026-27 federal budget has proposed scrapping the 50% discount from 1 July 2027, replacing with an inflation-based discount and minimum 30% tax on long-term gains. Current rules apply for now.
Worked Example
Bought A$40,000, sold A$60,000, held 14 months. Gain = A$20,000. Over 12 months → 50% discount: taxable = A$10,000. At 32.5% marginal rate: tax ≈ A$3,250.
Frequently Asked Questions
Do I need exactly 12 months for the discount?
You need MORE than 12 months — acquisition and disposal days are both excluded when counting.
Is the 50% discount changing?
Yes, proposed removal from 1 July 2027 — current rules apply until then.
Does the discount apply to crypto-to-crypto swaps?
Yes, if the disposed asset was held over 12 months.
Last updated: 2026-10-03
Disclaimer: This calculator provides an estimate based on general 2026 ATO rules and is not tax advice. Rules are scheduled to change from July 2027 — consult a registered tax agent for your specific situation.