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Australia crypto tax calculator (2026-27)

Australia taxes a crypto gain as part of your income: held 12 months or more, 50% of it comes off first, and the 2% Medicare levy applies. Rates from the ATO, checked .

I have of taxable income. I bought on for and sell on for .

Estimated tax on the gainA$3,200.00

Estimated tax on the gain

A$3,200.00

Sell on or after Mar 4, 2027 instead: A$1,600.00 at 2026-27 rates, because the 50% CGT discount applies once held 12 months.

How the A$10,000.00 gain splits
Tax
A$3,200.00
32%
You keep
A$6,800.00
68%
Connect an exchange to use your real cost basis

Tax owed by sale date

Drag the sale date: the tax steps down once the coin is held more than a year.

Show these numbers as a table
Tax on this sale
Sale dateHoldingTaxYou keep
Oct 31, 2026A year or lessA$3,200.00A$6,800.00
Mar 3, 2027A year or lessA$3,200.00A$6,800.00
Mar 4, 2027More than a yearA$1,600.00A$8,400.00
Mar 3, 2028More than a yearA$1,600.00A$8,400.00

How it adds up

Gain: A$20,000 βˆ’ A$10,000, held 7 months
A$10,000.00
Income tax it adds on A$90,000 of taxable income, after the low income tax offset
A$3,000.00
plus Medicare levy it adds
A$200.00
equals Tax on the gain
A$3,200.00
Share of the gain
32%
You keep
A$6,800.00

Resident rates for a full year. The Medicare levy uses the low-income threshold for a single person without the seniors offset; the Medicare levy surcharge and family thresholds aren't included. Source: ATO.

Rates checked against ATO

How much tax do I pay on crypto in Australia?

A A$10,000.00 crypto gain on A$90,000 of taxable income costs A$3,200.00 if sold within 12 months and A$1,600.00 if held longer (2026-27). Held 12 months, the 50% CGT discount comes off the gain before it is taxed; both figures include the 2% Medicare levy.

Tax on a crypto gain by taxable income, 2026-27

  • A$20,000

    A$10,000 gain, held a year or less
    A$1,268.90
    A$10,000 gain, held more than a year
    A$320.00
    A$50,000 gain, held a year or less
    A$12,920.00
    A$50,000 gain, held more than a year
    A$4,595.00

  • A$30,000

    A$10,000 gain, held a year or less
    A$2,226.10
    A$10,000 gain, held more than a year
    A$1,250.00
    A$50,000 gain, held a year or less
    A$14,851.10
    A$50,000 gain, held more than a year
    A$6,676.10

  • A$45,000

    A$10,000 gain, held a year or less
    A$3,350.00
    A$10,000 gain, held more than a year
    A$1,675.00
    A$50,000 gain, held a year or less
    A$16,325.00
    A$50,000 gain, held more than a year
    A$8,325.00

  • A$90,000

    A$10,000 gain, held a year or less
    A$3,200.00
    A$10,000 gain, held more than a year
    A$1,600.00
    A$50,000 gain, held a year or less
    A$16,350.00
    A$50,000 gain, held more than a year
    A$8,000.00

  • A$150,000

    A$10,000 gain, held a year or less
    A$3,900.00
    A$10,000 gain, held more than a year
    A$1,950.00
    A$50,000 gain, held a year or less
    A$20,300.00
    A$50,000 gain, held more than a year
    A$9,750.00

  • A$250,000

    A$10,000 gain, held a year or less
    A$4,700.00
    A$10,000 gain, held more than a year
    A$2,350.00
    A$50,000 gain, held a year or less
    A$23,500.00
    A$50,000 gain, held more than a year
    A$11,750.00

Income here is taxable income. Held 12 months or more, the CGT discount comes off the gain first. The tax includes the Medicare levy and the low income tax offset; the Medicare levy surcharge isn't included.

The 12-month rule and the 50% CGT discount

Selling, swapping or spending crypto is a CGT event. The gain is added to your taxable income and taxed at resident rates: nothing up to A$18,200, 45% at the top. Bought on January 15, 2026, a coin sold from January 16, 2027 has been held 12 months, so 50% of the gain comes off first. The 2% Medicare levy applies on top: nothing up to A$28,011 of taxable income, then 10% of the excess until the full levy is reached. The low income tax offset, A$700 up to A$37,500 of taxable income and tapering above it, comes off the income tax.

The formula

gain = what you sold for βˆ’ what you paid (fees added to the cost and taken off the proceeds)

held 12 months or more: 50% of the gain comes off before it is taxed

income tax = resident tax on (income + taxed gain) βˆ’ resident tax on income, each after the low income tax offset

plus the Medicare levy the gain adds: 2% of taxable income, nothing up to A$28,011, 10% of the excess just above it

Questions

How is crypto taxed in Australia?

As a capital gain added to your taxable income and taxed at your marginal rate, plus the Medicare levy. Held 12 months or more, the 50% CGT discount comes off the gain first. On A$90,000 of taxable income, a A$10,000.00 gain costs A$3,200.00 sold within 12 months and A$1,600.00 after (2026-27).

When does the CGT discount apply to crypto?

Once you have held the coin at least 12 months, not counting the day you bought it or the day you sold it. Bought on January 15, 2026, it gets the 50% discount if sold from January 16, 2027.

Does the Medicare levy apply to crypto gains?

Yes. The gain is part of your taxable income, so the 2% Medicare levy applies to it. Up to A$28,011 of taxable income no levy is due, and just above that it phases in at 10% of the excess. The low income tax offset, up to A$700, reduces the income tax but not the levy.

Can I offset crypto losses in Australia?

Against capital gains only, not against salary or other income. Losses come off your gains before the 50% discount, and what is left carries forward to later years.

Is this tax advice?

No. It estimates the tax on one sale. It leaves out state and local tax, other gains and losses in the same year, and your other deductions and credits. Check your figures with a tax professional before you file.

An estimate for one sale, not tax advice. Rules change and your situation may differ; check with a tax professional before you file.