Crypto tax in Australia
50% CGT discount for assets held over 12 months. Max rate 45%.
- Short-term rate
- 45%
- Long-term rate
- 22.5%
- Treatment
- Capital gains tax
- Currency
- AUD
How Australia taxes crypto
The ATO treats cryptocurrency as a CGT asset. Gains from crypto held less than 12 months are taxed at your marginal income tax rate (up to 45%). For crypto held more than 12 months, you receive a 50% discount on the capital gain, effectively halving your tax rate. Personal use exemption applies for purchases under A$10,000.
The long-term rate applies once you have held for more than 12 months.
A 10,000 AUD gain, settled
| Held | Rate | Taken | Kept |
|---|---|---|---|
| Short-term | 45% | 4,500 | 5,500 |
| Long-term | 22.5% | 2,250 | 7,750 |
This is the arithmetic the app runs on your device. Real liability depends on your residency, income, allowances and how the authority classifies your activity. Treat it as an estimate and check with a qualified adviser before you act.
Elsewhere in Oceania
| Jurisdiction | Short-term | Long-term |
|---|---|---|
| Solomon Islands | — | — |
| Vanuatu | — | — |
| New Zealand | 39% | 39% |
Headline rate last checked 31 July 2026 · methodology