Land Capital Gains Tax Calculator

Instructions: Please fill in the light green fields and the results will be calculated automatically.

Inputs

Land Purchase Costs

Cost of Land
Legal Fees on Purchase
Stamp Duty
Capital Improvements
Other Purchase Costs
Total Purchase Costs

Land Holding Costs

Holding Years
Interest Paid
Rates
Land Taxes
Maintenance
Other Holding Costs
Total Holding Costs

Land Selling Costs

Agent Commission
Advertising Fees
Auction Fees
Legal Fees on Sale
Other Selling Costs
Total Selling Costs

Land Sale Price

Land Sale Price

Taxable Income

Your Annual Income
Tax Payable

Results

Capital Gain

Land Sale Price
Less Total Purchase Costs
Less Total Holding Costs
Less Total Selling Costs
= Capital Gain
Less 50% Discount
= Taxable Capital Gain

Taxable Income

Your Annual Income
Add Taxable Capital Gain
= New Assessable Income
New Tax Payable
Less Tax Payable
= Capital Gains Tax

Profit & Loss

Land Sale Price
Less Total Purchase Costs
Less Total Holding Costs
Less Total Selling Costs
Less Capital Gains Tax
= Profit
Please Note: This calculator DOES NOT take into account the depreciations or deductions you might be able to claim on certain costs.