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Crypto Capital Gains Calculator

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Calculate capital gains tax on cryptocurrency trades with FIFO, LIFO or specific identification methods for Australia.

Free to useNo data storedAI insightsUpdated: March 2026

Cryptocurrency trades are subject to capital gains tax in Australia, and the method you choose (FIFO, LIFO, or Specific ID) significantly impacts your tax owed. This calculator helps you accurately estimate your CGT liability for the selected financial year using your real trade history.

Enter Your Details

Enter Your Details

You can export from exchanges like Binance, CoinSpot, Swyftx, etc.

e.g., 2025–26; limits results to trades during that year

Australian CGT discount for long-held assets.

%

Real-World Examples

Frequent Trader (FIFO vs LIFO)

A user with 50+ trades compares FIFO to LIFO for the year to see which results in lower CGT.

Inputs:

tradeList:...truncated csv...calculationMethod:FIFOfinancialYear:2025–26applyCgtDiscount:truemarginalTaxRate:37
FIFO often results in different gains compared to LIFO or specific identification, especially in volatile markets.

Glossary

FIFO
First-In-First-Out: The oldest assets sold are disposed first for CGT purposes.
LIFO
Last-In-First-Out: The most recently acquired assets are sold/disposed of first for CGT.

Disclaimer: This calculator is for guidance only and not a substitute for tax advice.

Last updated: March 2026

How to Use
  1. Copy your trade history/export from your crypto exchange as CSV (date, type, amount, price, fees, asset)
  2. Paste it into the Trade List field
  3. Choose the calculation method (FIFO, LIFO or Specific Lot)
  4. Specify the financial year if required (e.g., 2025–26)
  5. Select if you want to apply the 50% CGT discount (applies to assets held >12 months)
  6. Enter your marginal tax rate
  7. Review the breakdown of gains, losses and CGT payable
Key Information
  • Australian tax law allows FIFO, LIFO or specific identification for CGT calculation
  • The 50% CGT discount reduces tax on assets held >12 months (except companies)
  • Include all fees when calculating cost base or sale proceeds
  • Proper records make tax time easier and avoid ATO penalties
Pro Tips
  • Always use your full trade history, not just financial year trades
  • Keep digital records and exchange exports each year
  • If unsure, consult a registered tax agent for crypto tax advice
  • Test calculations using multiple methods for best result
Avoid These Mistakes
  • Forgetting to include transaction fees
  • Incorrectly using the 50% CGT discount for company tax returns
  • Excluding airdrop/interest income (taxable as ordinary income)
  • Missing micro-trades that add up to big gains/losses
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