Australia · 2025–26 ATO rates

Novated Lease Calculator

Independent · No email required · EV FBT exemption applied automatically

Vehicle type

✓ FBT EXEMPTBEVs under $91,387 LCT threshold are fully FBT exempt (ATO 2025–26)

Your details

Gross annual salary ($)

State / Territory

Pay cycle

Employer type

Vehicle details

Vehicle price — drive-away incl. GST ($)

Include on-road costs, stamp duty, dealer delivery

Lease term

Annual kilometres

Finance rate (% p.a.)

Running costs (annual — editable)

Charging cost ($/yr)

Est. 15,000km @ $3.5/100km

Insurance ($/yr)

Registration ($/yr)

Servicing ($/yr)

Tyres ($/yr)

Management fee ($/yr)

Typically $330–$500/yr

Guides & resources

EV novated lease guide 2025–26 →

How the FBT exemption works, best EVs, and real savings figures

How much can I save? →

Savings tables for every salary bracket from $60k to $150k

Novated lease vs car loan →

Side-by-side comparison with real numbers over 3 and 5 years

Novated lease FAQ →

Plain-English answers to the 12 most common questions

About this calculator

This novated lease calculator uses ATO 2025–26 income tax rates (Stage 3 cuts), the statutory FBT formula (20% of car base value at 47% FBT rate), and ATO minimum residual values. The EV FBT exemption is applied automatically for eligible battery electric vehicles under the $91,387 luxury car tax threshold. Unlike calculators from novated lease providers, this tool is independent — we are not affiliated with any leasing company and have no incentive to push you toward a particular product.