General Advice Disclaimer: The calculations, estimates, and tax figures presented on novaleasecalculator.com.au are provided for illustrative and general educational purposes only. They do not constitute formal financial, taxation, legal, or investment advice.
Novated lease calculations are based on standard Australian Taxation Office (ATO) statutory formulas, current individual income tax rates (including 2% Medicare levy), and the Treasury Laws Amendment (Electric Car Discount) Act. Actual lease rates, financier document fees, residual values, and employee contributions depend on your specific salary, employer policy, credit evaluation, and chosen salary packaging provider. Consult an accredited financial advisor or tax accountant before entering into any salary packaging agreement.
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