Use the novated lease calculator below to help gauge how much you could save with a novated lease from Custom Fleet. Submit an enquiry or call 1800 811 922 today!
Note: The calculator produces indicative figures only. If you’d like help working out exactly how much you could save, we recommend speaking to one of our Novated Leasing consultants who can assist you with a detailed quote.
On-Road Costs & Stamp Duty: $3,200
Vehicle GST: $4,545
Amount Financed: $48,655
FBT Base Value: $50,000
Monthly Components of a NL
Finance Lease: $873
Management Fee: $29
Maintenance & Tyre Budget: $10
Fuel/Energy Budget: $114
Registration/CTP Budget: $142
Insurance Budget: $120
Service Fees: $35
Non-Deductible Depreciation: $-171
| Without Novated Lease | With Novated Lease | |
|---|---|---|
| Salary | $100,000 | $100,000 |
| Pre-Tax Deductions | $6,778 | |
| Taxable Salary | $100,000 | $93,222 |
| Tax + Medicare | $22,788 | $20,619 |
| Take-home Pay (Annual) | $77,212 | $72,603 |
| Take-home Pay (Post-Tax Deduction) | $77,212 | $10,000 |
| Take-home Pay (Monthly take-home pay) | $6,434 | $5,217 |
| Difference (Monthly take-home pay) | $1,217 |
Total Monthly Salary Cost: $1,322
Total Salary Deduction: $1,398
FBT Liability (annual): $10,000
Monthly Post-tax deduction: $833
LCT Threshold: $91,387
Savings - for life of lease
Estimated Income Tax Savings: $8,676
Estimated GST Savings on Running Costs: $2,657
GST Savings on Amount Financed: $4,545
Total Estimated Savings: $15,879
