Free Crypto Tax Calculator Australia for Capital Gains
We built this free crypto tax calculator for Australian users that want to check their gains quickly. All amounts are in Australian Dollars (AUD). Our calculator is for informational purposes only. Consult an expert CPA or tax professional. You can use more advanced crypto tax software if you have a lot of trades.
Crypto Tax Estimator
2024–25
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Enter your details above to see your estimated tax
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How to Use This Calculator
- Enter Your Annual Income: This determines your marginal tax bracket under the ATO's individual income tax rates.
- Provide Cost Basis & Sale Amount: Enter what you paid for the crypto and what you sold it for, both in AUD.
- Select Holding Period: If you held the asset for more than 12 months, you qualify for the 50% CGT discount — only half of your capital gain is taxable.
- View Results: The calculator auto-updates as you type. You'll see your capital gain, taxable gain, and estimated tax.
How It's Calculated
- Your capital gain is the sale amount minus your cost basis.
- If held over 12 months, a 50% CGT discount applies — only half the gain is added to your taxable income.
- Tax is calculated using marginal brackets — each portion of the taxable gain is taxed at the rate for that bracket, not a single flat rate.
- Capital losses can be carried forward indefinitely to offset future gains.
2024–25 Australian Tax Brackets (Residents)
| Taxable Income | Rate |
|---|---|
| $0 – $18,200 | 0% |
| $18,201 – $45,000 | 19% |
| $45,001 – $135,000 | 32.5% |
| $135,001 – $190,000 | 37% |
| Over $190,000 | 45% |
Source: Australian Taxation Office — 2024–25 individual income tax rates for residents
