Glossary · Australian property
50% CGT discount.
Individuals, joint owners, and trusts holding an asset for 12+ months pay tax on only half the capital gain.
The 50% CGT discount under s115-25 applies to capital gains on assets held for at least 12 months by individuals, joint owners (per share), and trusts. Companies are excluded. They pay flat 30% on the full gain.
The discount is the single largest property-CGT lever in Australia. A property sold at the 11-month mark loses the discount entirely. Sold at 13 months retains it.
Where holding is close to 12 months, the calculator surfaces a sell-now-vs-wait comparison showing the dollar saving from crossing the discount boundary.
Source
Income Tax Assessment Act 1997 (Cth) s115-25.
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