Calculations provided are an estimate only and do not constitute a quote or offer of finance. SG Fleet recommends that you seek your own independent legal, financial and tax advice when making any decisions in respect of a novated lease. SG Fleet makes no representations, warranties (express or implied) whatsoever about the functionality or accuracy of this calculator and accepts no liability arising out of your use of or access to this calculator including (without limitation) any errors or omissions.
The salary packaging amounts and take-home pay calculations set out above are estimates only based on particular assumptions by SG Fleet (further details are available upon request) and the minimal information you provide. Calculations do not take into account any luxury car levy that may be payable in cases where the amount financed exceeds the car limit as set by the Australian Taxation Office. Calculations will vary where the luxury car levy applies.
Note that the calculations include a provision for fringe benefits tax (FBT), which has been calculated by using the statutory formula method (based on a single flat rate of 20 per cent).
SG Fleet does not purport to offer legal, financial or taxation advice. Employers and employees should seek independent advice as to the implications of a novated lease transaction.
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