Capital Gains Tax Scenarios for Australians
Understand how CGT applies in different situations with these practical examples for residents and non-residents. Our scenarios include cost base calculations, the 50% discount, and disposal proceeds.
Common CGT Scenarios
- Resident with 18-month investment: Eligible for 50% discount
- Non-resident selling property: Full tax applies
- Personal asset disposal: Exempt up to $10,000
- Business asset sale: No CGT discount applies
| Scenario | Resident | Non-Resident |
|---|---|---|
| 12+ month holding | 50% discount | Full tax |
| Primary residence | Exempt | Full tax |
Step-by-Step Example
- Buy shares for $20,000 (cost base)
- Sell after 15 months for $35,000
- Subtract costs ($2,500 fees)
- Calculate gain: ($35,000 - $22,500) × 50% = $6,250
Use our CGT calculator to test your scenario with real numbers.