So I guess this is a pretty rare situation, but I am wondering if you are under the tax-free threshold of $18,200 but have made capital gains on the share market, do you still have to pay CGT even though you have only made less then $18,200 altogether for the financial year?
Hi Joshi303,
You can also try the ATO's Do I need to lodge a tax return? tool.
You would need to lodge if you made an overall net capital loss for the year, but may not have to lodge if it was an overall net capital gain.
The gain needs to be declared on the tax return.
Whether you actually pay any tax is determined by your total taxable income.
Hi Bruce, I'm in a similar boat - haven't made the stock sale yet. But what you are saying is that the tax free threshold does apply capital gains?
And on that note, it wouldn't matter if it capital gains that were subject to 25% or to 50% ?
Hi Joshi303,
You can also try the ATO's Do I need to lodge a tax return? tool.
You would need to lodge if you made an overall net capital loss for the year, but may not have to lodge if it was an overall net capital gain.
15 Apr 2026 · 4 min read time
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