PMpaycalc MATEAustralian pay calculators
Novated lease calculator

Test how a novated lease changes pay, taxable income and cash flow

Use this page to estimate the salary-side effect of packaging a vehicle, then compare that change with the simplicity of keeping car costs outside your pay packet.

Salary-side impactPackaging scenariosUse before quotesUpdated 16 March 2026
Quick estimateCheck the main deduction changes quickly.
Change the assumptionsChange assumptions instead of relying on one example.
Australian tax settingsDesigned around Australian tax settings.
Decision-focusedExplains the scenario in plain English.

Estimate your pay

Use the calculator below to estimate annual, monthly, fortnightly and weekly outcomes, then change HELP, private cover and pre-tax deductions to see what shifts the result.

This calculator is for planning and comparison. It includes reportable fringe benefits and net investment losses in HELP and MLS income, but payroll withholding, offsets, Division 293 tax and employer-specific payroll rules can still change your final outcome.
Estimated annual take-home pay
$0
Effective deduction rate 0%
Monthly$0
Fortnightly$0
Weekly$0
Hourly$0
Taxable income$0
Income tax after LITO$0
Medicare levy$0
Medicare levy surcharge$0
HELP repayment$0
HELP repayment income$0
MLS income$0
Pre-tax deductions$0
Employer super$0
Daily take-home$0
Annual net $0

What this page helps you check

Use this page when a vehicle package is part of the conversation and you want a clear before-and-after estimate of how a pre-tax lease amount changes your cash pay.

The calculator is paired with a short guide so you can understand which settings matter most before you compare scenarios.

A novated lease is more than a salary deduction

The payroll effect is often the first thing people notice, but vehicle type, running costs, employer policy and FBT treatment can matter as much as the pre-tax amount itself.

Why a simple before-and-after view still helps

Even though lease structures can be detailed, a quick estimate of how the packaged amount changes taxable pay is a useful first filter before you go deeper into fees, usage assumptions and car-specific calculations.

Use this page properly

Start with the baseline

Run the plain scenario first so you can see the default tax, Medicare and super position before adding extra assumptions.

Change one thing at a time

Toggle HELP, private cover, package setup or pre-tax deductions individually. That makes it obvious which rule is changing the result.

Then compare a second page

Use the related links on each page to move into the narrower guide, benchmark or comparison that best matches the next question.

Frequently asked questions

Can this page tell me whether a lease is definitely worth it?

No. It is a planning comparison. Total value also depends on vehicle costs, contract terms and any FBT implications.

Should EVs be compared separately?

Yes. EV-specific FBT treatment can materially change the value, which is why there is a dedicated EV comparison page too.

Why use a pre-tax amount here?

Because that is usually the part readers want to compare first against ordinary cash salary.