Australia CGT Six-Year Absence Rule Calculator
Estimate the capital gains tax on an Australian property using the six-year absence rule and the 50% CGT discount for individuals.
- CGT Discount
- 50%
- Held 12+ months
- Top Marginal Rate
- 45%
- Plus levy
- Absence Rule
- 6 years
- Main residence
Formula & Statutory Rule
Formula
cgt = (proceeds − cost_base) × 50% × marginal_rate
Statutory Rule
six_year_absence: main_residence_exemption retained; cgt_discount = 50%Regional Benchmark Reference
| Jurisdiction / Tier | Rate or Limit | Statutory Note |
|---|---|---|
| CGT discount | 50% | 12+ months |
| Top rate | 45% | Plus levy |
| Absence rule | 6 years | Main residence |
Frequently Asked Questions
What is the six-year absence rule?
A former main residence can be rented for up to six years and still be treated as your main residence for CGT.
What is the CGT discount?
Individuals holding an asset for at least 12 months receive a 50% CGT discount.
Does the rule reset?
The six-year period can restart if you move back in and re-establish the property as your main residence.
Is the exemption unlimited?
The main residence exemption is unlimited for a fully exempt dwelling.