Novated Lease Calculator
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Novated Lease Calculator

Estimate your monthly repayments and tax saving for any vehicle type. Updated for 2025–26 LCT thresholds and FBT rules.

Your details

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FBT exemption

Eligible EVs are exempt from Fringe Benefits Tax, meaning your entire package amount is salary sacrificed pre-tax. PHEVs lost this exemption for new leases from 1 April 2025.

Luxury car tax

Vehicles above the LCT threshold attract 33% tax on the excess. The fuel-efficient threshold ($91,387) applies to EVs only; all other vehicles use the standard threshold ($80,567).

What's included

Your package typically covers finance, fuel/charging, registration, insurance, tyres and servicing — all bundled into one pre-tax deduction from your salary.

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