When does CGT apply?
Understand common situations where capital gains tax may apply to investment assets.
Summary
CGT may apply when a CGT event happens, such as selling or otherwise disposing of an asset. The ATO provides guidance on CGT assets, exemptions and events.
What this means
CGT is commonly considered when selling shares, investment property, crypto assets, managed fund investments and other assets. Some assets or situations may be exempt or treated differently.
The tax result depends on the records and the specific CGT rules that apply.
Typical actions
- Identify the asset and disposal event.
- Work out acquisition and disposal dates.
- Keep cost base and proceeds records.
- Check whether any exemption or discount applies.
- Declare capital gains or losses where required.
Official ATO sources
Last checked: 20 June 2026
Capital gains tax
ATO hub explaining when CGT may apply.
CGT assets and exemptions
Explains assets and exemptions relevant to CGT.
Keeping records for investments and assets
Explains records needed to calculate gains or losses.
Related questions
- What is capital gains tax?
- What happens when I sell shares?
- How is crypto taxed in Australia?
- How is rental income taxed?
Important notice: Tax Clarity is an independent information tool. This page provides general information based on official sources. It does not provide tax, legal, financial, or accounting advice. Tax rules can change, and how they apply depends on your circumstances. For advice about your situation, speak with a registered tax agent or qualified professional.
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