A high-level tool to help employees understand potential after-tax savings from a novated lease.
This calculator provides a high-level estimate only and is not a novated lease quote.
The results are based on simplified assumptions, including indicative marginal tax rates and an estimated annual lease cost proxy. It does not take into account individual circumstances, Medicare levy or surcharge, Fringe Benefits Tax (FBT), lease terms, interest rates, residual values, employer policies, or provider fees.
The information provided is general in nature and should not be relied upon as tax, financial, or legal advice. For an accurate assessment, independent advice and a formal quote from a licensed novated lease provider should be obtained.