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Investment Calculators

Capital Gains Calculator

Estimate the taxable gain on an asset sale after costs and any allowance, and the tax due at your rate.

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Estimated tax due

$2,420

Gross gain
$15,100
Taxable gain
$12,100
Net proceeds after tax
$32,680
Gain, allowance and tax
Gross gainTaxableTax

How this calculator works

Taxable gain = sale − purchase − costs − allowance; Tax = taxable gain × rate

allowance
any tax-free amount available in the year of sale

Example calculation

Illustrative example — not advice

Worked example — the capital gains calculator as it loads, using the default figures below.

  1. 01Enter purchase price: $20,000.
  2. 02Enter sale price: $36,000.
  3. 03Enter buying and selling costs: $900.
  4. 04Enter annual exempt amount: $3,000.
  5. 05Enter capital gains tax rate: 20%.
  6. 06Read the estimated tax due from the results panel: $2,420.

Estimated tax due: $2,420. Gross gain: $15,100. Taxable gain: $12,100. Net proceeds after tax: $32,680.

These figures come straight from the calculator above running on the values listed, so you can retype them and confirm every number yourself. Change any input and the results update immediately. Illustrative only — not a quote, offer or recommendation.

Important considerations

  • Rates and allowances vary by jurisdiction, asset type and how long you held it.
  • Losses carried forward from other disposals can reduce the taxable gain.

Terms used here

Frequently asked questions

Do costs really reduce the gain?

Allowable acquisition and disposal costs usually do, but the rules on what qualifies are specific.

Disclaimer

Legamoney calculators are educational tools. Results are estimates based on the figures you enter and do not constitute financial, tax or legal advice.

Last reviewed 2026-08-01