{"id":21367,"date":"2026-10-12T04:59:10","date_gmt":"2026-10-12T03:59:10","guid":{"rendered":"https:\/\/metalsradar.com\/tax-on-gold-australia\/"},"modified":"2026-10-12T16:27:47","modified_gmt":"2026-10-12T15:27:47","slug":"tax-on-gold-australia","status":"publish","type":"page","link":"https:\/\/metalsradar.com\/au\/tax-on-gold-australia\/","title":{"rendered":"Tax on gold in Australia: GST and CGT calculator"},"content":{"rendered":"<div class=\"tx-page\"><h1>Tax on gold in Australia: GST and CGT calculator<\/h1><p class=\"tx-lead\">Investment-grade gold, silver and platinum carry no GST for a private buyer; palladium and collector coins carry 10%. When you sell, the gain is a capital gain, halved if you held the metal for at least 12 months. The calculator shows both for Australian residents.<\/p><script type=\"application\/json\" id=\"tx-data\">{\"mk\":\"au\",\"locale\":\"en-AU\",\"cur\":\"AUD\",\"buy\":{\"tax_name\":\"GST\",\"inv_title\":\"No GST: precious metal in investment form\",\"inv_text\":\"Only the refiner's first sale is GST-free (GST Act s38-385); every later sale of precious metal is input taxed (s40-100), so a private buyer pays no GST.\",\"inv_src\":[\"ATO GSTR 2003\/10 (precious metals)\",\"https:\/\/www.ato.gov.au\/law\/view\/document?docid=GST\/GSTR200310\/NAT\/ATO\/00001\"],\"std_text\":\"10% GST applies to metal that is not precious metal in investment form: all palladium, lower fineness, jewellery, and numismatic or collector coins.\",\"std_src\":[\"ATO GSTR 2003\/10 (precious metals)\",\"https:\/\/www.ato.gov.au\/law\/view\/document?docid=GST\/GSTR200310\/NAT\/ATO\/00001\"],\"metals\":{\"gold\":{\"inv\":{\"bar\":995,\"coin\":995},\"rate\":10},\"silver\":{\"inv\":{\"bar\":999,\"coin\":999},\"rate\":10},\"platinum\":{\"inv\":{\"bar\":990,\"coin\":990},\"rate\":10},\"palladium\":{\"inv\":null,\"rate\":10}}},\"sell\":{\"type\":\"au\",\"discount\":50,\"medicare\":2,\"rate_label\":\"Your marginal tax rate\",\"rates\":[[0,\"0% (taxable income up to $18,200)\"],[16,\"16% ($18,201 to $45,000, 2025-26)\"],[15,\"15% ($18,201 to $45,000, from 1 July 2026)\"],[30,\"30% ($45,001 to $135,000)\"],[37,\"37% ($135,001 to $190,000)\"],[45,\"45% (over $190,000)\"]],\"rate_default\":30,\"rate_hint\":\"Resident rates. The taxable part of the gain is added to your income, so a large gain can push part of it into a higher bracket.\",\"checks\":{\"medicare\":{\"label\":\"Add the 2% Medicare levy\",\"on\":true}},\"src\":[\"ATO: CGT discount\",\"https:\/\/www.ato.gov.au\/individuals-and-families\/investments-and-assets\/capital-gains-tax\/cgt-discount\"],\"t\":{\"need_date\":\"Enter the purchase date to check the 12-month discount\",\"rule\":\"A gain on bullion is a capital gain. Held at least 12 months, Australian residents get a 50% CGT discount. The taxable part is added to your income and taxed at your marginal rate.\",\"discount_from\":\"50% discount from {date}.\",\"disc\":\"50% CGT discount, marginal rate {rate}%\",\"nodisc\":\"No CGT discount yet (from {date}), marginal rate {rate}%\",\"tax_text\":\"Gain = sale price minus cost base (price plus buying and selling costs). We treat plain bullion as an ordinary CGT asset. Coins kept mainly for personal enjoyment can be collectables, with their own rules including a $500 exemption.\",\"loss\":\"A capital loss: no tax on this sale, and the loss can reduce other capital gains.\"}},\"ui\":{\"no_tax\":\"No {tax}\",\"add_dates\":\"Add the purchase date\",\"add_sell\":\"Add the sale price\",\"source\":\"Source\",\"res_buy\":\"When you buy\",\"res_sell\":\"When you sell\",\"vat_in_price\":\"{rate}% {tax} included in the price\",\"net_of\":\"Price without it: {net}.\",\"not_inv\":\"Below the {min} fineness needed for the exemption.\",\"today\":\"today\",\"bad_dates\":\"The sale date is before the purchase date.\",\"no_gain\":\"No gain, so no tax on this sale\",\"need_sell\":\"Enter the sale price to estimate the tax\",\"gain\":\"Gain\",\"loss_l\":\"Loss\",\"taxable_gain\":\"Taxable gain\",\"tax_est\":\"Estimated tax\",\"after_tax\":\"You keep\",\"sale_on\":\"Sale date used: {date}.\"},\"products\":[{\"t\":\"1 oz Kangaroo Gold Coin\",\"m\":\"gold\",\"f\":999.9,\"p\":6209,\"u\":\"https:\/\/metalsradar.com\/au\/product\/1-oz-kangaroo-gold-coin\/\"},{\"t\":\"1 oz Maple Leaf Gold Coin\",\"m\":\"gold\",\"f\":999.9,\"p\":6286.2,\"u\":\"https:\/\/metalsradar.com\/au\/product\/1-oz-maple-leaf-gold-coin\/\"},{\"t\":\"1 oz Britannia Gold Coin\",\"m\":\"gold\",\"f\":999.9,\"p\":6286.46,\"u\":\"https:\/\/metalsradar.com\/au\/product\/1-oz-britannia-gold-coin\/\"},{\"t\":\"1 oz Krugerrand Gold Coin\",\"m\":\"gold\",\"f\":916.7,\"p\":6761.1,\"u\":\"https:\/\/metalsradar.com\/au\/product\/1-oz-krugerrand-gold-coin\/\"},{\"t\":\"1 oz Maple Leaf Silver Coin\",\"m\":\"silver\",\"f\":999.9,\"p\":95.3,\"u\":\"https:\/\/metalsradar.com\/au\/product\/1-oz-maple-leaf-silver-coin\/\"},{\"t\":\"1 oz Kangaroo Silver Coin\",\"m\":\"silver\",\"f\":999.9,\"p\":96.45,\"u\":\"https:\/\/metalsradar.com\/au\/product\/1-oz-kangaroo-silver-coin\/\"},{\"t\":\"1 oz Krugerrand Silver Coin\",\"m\":\"silver\",\"f\":999,\"p\":100.3,\"u\":\"https:\/\/metalsradar.com\/au\/product\/1-oz-krugerrand-silver-coin\/\"},{\"t\":\"1 oz Britannia Silver Coin\",\"m\":\"silver\",\"f\":999,\"p\":100.37,\"u\":\"https:\/\/metalsradar.com\/au\/product\/1-oz-britannia-silver-coin\/\"},{\"t\":\"1 oz Vienna Philharmonic Silver Coin\",\"m\":\"silver\",\"f\":999,\"p\":102,\"u\":\"https:\/\/metalsradar.com\/au\/product\/1-oz-vienna-philharmonic-silver-coin\/\"},{\"t\":\"1 oz American Eagle Silver Coin\",\"m\":\"silver\",\"f\":999,\"p\":106.87,\"u\":\"https:\/\/metalsradar.com\/au\/product\/1-oz-american-eagle-silver-coin\/\"}]}<\/script><section class=\"gira-tool tx-tool\" id=\"calculator\" aria-labelledby=\"tx-h\"><div class=\"sechead tx-head\"><div><h2 id=\"tx-h\">Gold and silver tax calculator<\/h2><p class=\"sub\">Enter what you bought and, if you like, what you sell it for. You get the VAT or GST in the price and an estimate of the tax on the sale.<\/p><\/div><div class=\"tx-mkbar\"><span class=\"tx-mkcur\">\ud83c\udde6\ud83c\uddfa Australia<\/span><details class=\"tx-mk\"><summary>Other country \u203a<\/summary><ul class=\"tx-mklist\" aria-label=\"Country\"><li><a href=\"https:\/\/metalsradar.com\/pl\/podatek-od-zlota\/\" hreflang=\"pl\">\ud83c\uddf5\ud83c\uddf1 Polska<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/de\/gold-steuer-rechner\/\" hreflang=\"de\">\ud83c\udde9\ud83c\uddea Deutschland<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/es\/impuestos-oro\/\" hreflang=\"es\">\ud83c\uddea\ud83c\uddf8 Espa\u00f1a<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/gb\/capital-gains-tax-on-gold\/\" hreflang=\"gb\">\ud83c\uddec\ud83c\udde7 United Kingdom<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/en\/tax-on-gold\/\" hreflang=\"en\">\ud83c\uddfa\ud83c\uddf8 United States<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/ca\/tax-on-gold-canada\/\" hreflang=\"ca\">\ud83c\udde8\ud83c\udde6 Canada<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/in\/tax-on-gold-india\/\" hreflang=\"in\">\ud83c\uddee\ud83c\uddf3 India<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/sg\/gst-on-gold-singapore\/\" hreflang=\"sg\">\ud83c\uddf8\ud83c\uddec Singapore<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/ae\/vat-on-gold-uae\/\" hreflang=\"ae\">\ud83c\udde6\ud83c\uddea United Arab Emirates<\/a><\/li><\/ul><\/details><\/div><\/div><div class=\"tx-grid\"><form class=\"panel tx-form\" novalidate onsubmit=\"return false\"><div class=\"tx-step\"><h3 class=\"tx-sh\"><span class=\"tx-n\" aria-hidden=\"true\">1<\/span>What you buy<\/h3><div class=\"gt-f tx-prod\"><label for=\"tx-prod\">Product from our price comparison<\/label><select id=\"tx-prod\"><option value=\"\">Choose a coin (optional)<\/option><option value=\"0\">1 oz Kangaroo Gold Coin<\/option><option value=\"1\">1 oz Maple Leaf Gold Coin<\/option><option value=\"2\">1 oz Britannia Gold Coin<\/option><option value=\"3\">1 oz Krugerrand Gold Coin<\/option><option value=\"4\">1 oz Maple Leaf Silver Coin<\/option><option value=\"5\">1 oz Kangaroo Silver Coin<\/option><option value=\"6\">1 oz Krugerrand Silver Coin<\/option><option value=\"7\">1 oz Britannia Silver Coin<\/option><option value=\"8\">1 oz Vienna Philharmonic Silver Coin<\/option><option value=\"9\">1 oz American Eagle Silver Coin<\/option><\/select><\/div><fieldset class=\"tx-fs\"><legend>Metal<\/legend><div class=\"tx-segs\"><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-metal\" value=\"gold\" checked><span>Gold<\/span><\/label><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-metal\" value=\"silver\"><span>Silver<\/span><\/label><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-metal\" value=\"platinum\"><span>Platinum<\/span><\/label><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-metal\" value=\"palladium\"><span>Palladium<\/span><\/label><\/div><\/fieldset><fieldset class=\"tx-fs\"><legend>Form<\/legend><div class=\"tx-segs\"><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-form\" value=\"coin\" checked><span>Coin<\/span><\/label><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-form\" value=\"bar\"><span>Bar or wafer<\/span><\/label><\/div><\/fieldset><div class=\"tx-row2\"><div class=\"gt-f\"><div class=\"tx-lr\"><label for=\"tx-fin\">Fineness (per mille)<\/label><button type=\"button\" class=\"tx-i\" aria-expanded=\"false\" aria-controls=\"tx-fin-hint\" title=\"What counts as investment metal?\"><span aria-hidden=\"true\">i<\/span><span class=\"tx-sr\">What counts as investment metal?<\/span><\/button><\/div><select id=\"tx-fin\"><option value=\"999.9\" selected>999.9<\/option><option value=\"999\">999<\/option><option value=\"995\">995<\/option><option value=\"990\">990<\/option><option value=\"916.7\">916.7<\/option><option value=\"900\">900<\/option><option value=\"0\">Lower<\/option><\/select><\/div><div class=\"gt-f\"><label for=\"tx-buy\">Purchase price<\/label><div class=\"gt-in tx-cur\"><span aria-hidden=\"true\">A$<\/span><input id=\"tx-buy\" type=\"number\" inputmode=\"decimal\" min=\"0\" step=\"any\" value=\"10000\"><\/div><\/div><\/div><p class=\"tx-hint\" id=\"tx-fin-hint\" hidden>Precious metal for GST: gold of at least 99.5%, silver of at least 99.9% or platinum of at least 99% fineness, in investment form (a bar, wafer or coin traded on the bullion market, stamped with its fineness and priced off spot). Numismatic and proof coins are not in investment form.<\/p><\/div><div class=\"tx-step tx-step2\"><h3 class=\"tx-sh\"><button type=\"button\" class=\"tx-tog\" aria-expanded=\"false\" aria-controls=\"tx-s2\"><span class=\"tx-n\" aria-hidden=\"true\">2<\/span><span>When you sell <small>(optional)<\/small><\/span><i class=\"tx-chev\" aria-hidden=\"true\"><\/i><\/button><\/h3><div id=\"tx-s2\" class=\"tx-s2\" hidden><div class=\"tx-row2\"><div class=\"gt-f\"><label for=\"tx-bdate\">Purchase date<\/label><input id=\"tx-bdate\" type=\"date\"><\/div><div class=\"gt-f\"><label for=\"tx-sdate\">Sale date <small>(empty = today)<\/small><\/label><input id=\"tx-sdate\" type=\"date\"><\/div><div class=\"gt-f\"><label for=\"tx-sell\">Sale price<\/label><div class=\"gt-in tx-cur\"><span aria-hidden=\"true\">A$<\/span><input id=\"tx-sell\" type=\"number\" inputmode=\"decimal\" min=\"0\" step=\"any\"><\/div><\/div><div class=\"gt-f tx-rate\"><label for=\"tx-rate\">Your marginal tax rate<\/label><select id=\"tx-rate\"><option value=\"0\">0% (taxable income up to $18,200)<\/option><option value=\"16\">16% ($18,201 to $45,000, 2025-26)<\/option><option value=\"15\">15% ($18,201 to $45,000, from 1 July 2026)<\/option><option value=\"30\" selected>30% ($45,001 to $135,000)<\/option><option value=\"37\">37% ($135,001 to $190,000)<\/option><option value=\"45\">45% (over $190,000)<\/option><\/select><\/div><\/div><div class=\"tx-cks\"><label class=\"tx-ck\"><input type=\"checkbox\" id=\"tx-ck-medicare\" checked> <span>Add the 2% Medicare levy<\/span><\/label><\/div><\/div><\/div><\/form><aside class=\"panel tx-card\" aria-labelledby=\"tx-rh\"><h3 class=\"tx-ch\" id=\"tx-rh\">Your result<\/h3><div class=\"tx-out\" aria-live=\"polite\"><noscript><p class=\"gt-hint\">The calculator needs JavaScript. The rules are listed below.<\/p><\/noscript><\/div><details class=\"tx-how\"><summary>How this is calculated<\/summary><div class=\"tx-how-b\"><\/div><\/details><p class=\"gt-foot\">This is not tax advice. For individuals, not businesses or traders. Check your case with a tax adviser or the tax office. Rules checked on 12 Oct 2026.<\/p><\/aside><\/div><\/section><h2 id=\"rules\">Australian rules for individuals<\/h2><div class=\"tx-rules\"><div class=\"tx-rc\"><h3>When you buy<\/h3><ul><li><strong>No GST on investment bullion:<\/strong> gold of at least 99.5%, silver of at least 99.9% and platinum of at least 99% fineness, in investment form.<\/li><li><strong>10% GST<\/strong> on palladium, jewellery, lower fineness and numismatic or collector coins.<\/li><\/ul><\/div><div class=\"tx-rc\"><h3>When you sell<\/h3><ul><li><strong>Capital gain:<\/strong> sale price minus cost base.<\/li><li><strong>50% discount<\/strong> for residents who held the metal at least 12 months (the days of buying and selling do not count).<\/li><li><strong>Marginal rate:<\/strong> the taxable gain is added to your income, plus the 2% Medicare levy.<\/li><li>Frequent buying and selling can make the profit ordinary income instead of a capital gain.<\/li><\/ul><\/div><\/div><p class=\"tx-src\"><strong>Official sources:<\/strong> <a href=\"https:\/\/www.ato.gov.au\/law\/view\/document?docid=GST\/GSTR200310\/NAT\/ATO\/00001\" rel=\"noopener\" target=\"_blank\">ATO GSTR 2003\/10 (precious metals)<\/a> \u00b7 <a href=\"https:\/\/www.ato.gov.au\/individuals-and-families\/investments-and-assets\/capital-gains-tax\/cgt-discount\" rel=\"noopener\" target=\"_blank\">ATO: CGT discount<\/a> \u00b7 <a href=\"https:\/\/www.ato.gov.au\/tax-rates-and-codes\/tax-rates-australian-residents\" rel=\"noopener\" target=\"_blank\">ATO: tax rates for Australian residents<\/a>. Rules checked on 12 Oct 2026.<\/p><p class=\"tx-cmp\"><a class=\"btn\" href=\"https:\/\/metalsradar.com\/au\/categories\/gold-coins\/\">Compare gold coin prices \u203a<\/a><\/p><section class=\"mrf-faq\" id=\"faq\"><h2>FAQ<\/h2><div class=\"faq-list\"><details open><summary><h3>Is there GST on gold bullion in Australia?<\/h3><\/summary><div class=\"a\"><p>No, if it is gold of at least 99.5% fineness in investment form. Sales after the refiner's first sale are input taxed, so a private buyer pays no GST. Collector coins and jewellery carry 10% GST.<\/p>\n<\/div><\/details><details><summary><h3>Is there GST on silver bullion?<\/h3><\/summary><div class=\"a\"><p>No for silver of at least 99.9% fineness in investment form. Lower fineness silver and collector coins carry 10% GST.<\/p>\n<\/div><\/details><details><summary><h3>Do you pay capital gains tax on gold in Australia?<\/h3><\/summary><div class=\"a\"><p>Yes. The gain is added to your taxable income. If you held the gold for at least 12 months, only half of the gain is taxed.<\/p>\n<\/div><\/details><details><summary><h3>Is palladium GST free?<\/h3><\/summary><div class=\"a\"><p>No. Palladium is not a precious metal under the GST Act, so 10% GST applies.<\/p>\n<\/div><\/details><\/div><\/section><p class=\"tx-disc\">metalsradar.com compares precious metals prices and does not sell metal. This page explains the general rules for private individuals and is not tax advice. Your tax depends on your whole situation, so check it with a tax adviser or the tax office before you buy or sell.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"hide","_kad_post_layout":"normal","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"footnotes":""},"class_list":["post-21367","page","type-page","status-publish","hentry"],"taxonomy_info":[],"featured_image_src_large":false,"author_info":{"display_name":"Admin","author_link":"https:\/\/metalsradar.com\/au\/"},"comment_info":0,"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/metalsradar.com\/au\/wp-json\/wp\/v2\/pages\/21367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metalsradar.com\/au\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/metalsradar.com\/au\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/metalsradar.com\/au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metalsradar.com\/au\/wp-json\/wp\/v2\/comments?post=21367"}],"version-history":[{"count":1,"href":"https:\/\/metalsradar.com\/au\/wp-json\/wp\/v2\/pages\/21367\/revisions"}],"predecessor-version":[{"id":21626,"href":"https:\/\/metalsradar.com\/au\/wp-json\/wp\/v2\/pages\/21367\/revisions\/21626"}],"wp:attachment":[{"href":"https:\/\/metalsradar.com\/au\/wp-json\/wp\/v2\/media?parent=21367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}