Tax Tools - Capital Gains Tax Property Exemption Tool

Some difficulties may be encountered using this tax calculator with screen reader applications. The Tax Office is working toward developing a fully accessible version of this tax calculator. If you encounter difficulties please phone us on 132861 and select 3 and then select 3 for a staff member trained to assist with Capital Gains Tax Property Exemption Tool

Capital gains tax property exemption tool

Version 1.1.0

Takes 10 to 30 minutes to complete

Read this page before continuing to use this tool

What is the capital gains tax (CGT) property exemption tool?

If you had sole or joint ownership of a property that you sold or are going to sell (or otherwise dispose of), this tool will help you work out what proportion of your capital gain is exempt from capital gains tax. In the report at the end of the tool you will be given a percentage assessable, not a monetary figure.

Who is the CGT property exemption tool for?

This tool is for individuals who want to find out what proportion of their capital gain is exempt from tax on disposal of, for example, a:

home
home that they have lived in and vacated for a period of time
home, part of which has been used to produce income
rental property, or
vacant block of land.

Takes 10 to 30 minutes to complete