See exactly how much tax you save with a novated lease. Updated for 2025-26 with PMT amortisation, EV exemptions, and Stage 3 tax cuts. No sign-up required.
Electric Vehicle (EV)?
Zero FBT if price under $91,661
Use ECM Strategy?
Employee Contribution Method
Annual estimates incl. GST
Your estimated annual saving
That's $0 per week · $0 total over lease
Weekly saving
$0
Marginal rate
$0
FBT payable
$0
GST saving
$0
Estimates based on ATO FY 2025-26 guidelines. Stage 3 tax cuts applied. PMT amortisation used for lease payments. Consult a salary packaging provider for exact figures.
How It Works
Add your annual gross salary and state. Our calculator applies the correct Stage 3 tax brackets and Medicare levy instantly.
Enter the vehicle price, lease term, and interest rate. We use proper PMT amortisation — not simple averages like most calculators.
Get your exact tax savings, weekly benefit, and full breakdown. No forms, no sales calls — just transparent numbers.
The Benefits
A novated lease lets you pay for your car and its running costs from your pre-tax salary. Because you're paying with dollars that haven't been taxed yet, every dollar goes further.
Since the Australian Government introduced the EV FBT exemption in 2022, electric vehicles under $91,661 attract zero Fringe Benefits Tax — making them even more attractive under a novated lease.
Car costs come from gross salary before tax, reducing your taxable income significantly.
Your employer claims GST input tax credits on the vehicle, saving you up to $6,191 upfront.
Electric vehicles under $91,661 pay zero FBT since 2022 — a massive extra saving.
Fuel, rego, insurance and servicing all bundled pre-tax. One simple fortnightly deduction.
Common Questions
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