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Calculating Capital Gains Tax on Property

Things to consider in calculating capital gains tax from your investment property:

  • The difference between costs that can be written off as part of negative gearing and those that form the ‘cost base’.
  • If you are an individual and have held the property for more than 12 months, you are entitled to the Capital Gains Tax discount of 50% i.e. your profit is halved before tax is applied to it.
  • Capital losses can only be used to offset other capital gains for tax purposes. It is not possible to use capital losses to reduce taxable income from other sources.


Click here for a valuable worksheet to help calculate your capital gains tax on any property investment. (Note this is an estimation only).

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