About Us
We are a small team of finance and technology professionals based in Australia. We built Novated Lease Calculator because we saw a real need for transparent, easy to use salary packaging tools. Too many employees sign up for novated leases without understanding the true cost. Our mission is to change that.
Our promise: We will always keep this calculator free. We will never sell your data. And we will never give you biased advice. We are not a leasing company. We do not earn commissions from any financier. Our only goal is to help you make an informed decision.
Who We Are
The website is founded and managed by Ashutosh Kadam. Ashutosh has been writing about personal finance, automotive finance, and salary packaging for over six years. He has worked closely with Australian fleet managers and HR professionals. He understands the ATO rules inside out. His writing has helped thousands of Australians save money on their car expenses.
Our team also includes a qualified tax advisor who reviews all calculations. We double check every formula against the latest ATO guidelines. We update the calculator whenever residual values or tax rates change. You can trust that the numbers you see are current and compliant.
Why You Can Trust Us
Trust is earned, not given. Here is how we earn yours. First, we are completely independent. We do not partner with any specific leasing provider. We do not receive referral fees. Second, our calculator uses public ATO data. The same data that your employer and financier use. Third, we are transparent about our methodology. You can see exactly how we calculate every number. No black boxes.
We also respect your privacy. The calculator works entirely in your browser. We do not store your inputs. We do not track you across the web. We do not send your data to any server. What you type stays on your device.
Our Expertise
Novated leasing is a niche area. Many financial websites get it wrong. They forget about the Employee Contribution Method. They ignore FBT exemptions for electric vehicles. Or they use outdated residual percentages. We do not make those mistakes. Our team has real world experience in salary packaging administration. We know the common pitfalls. We also know the opportunities, especially with EVs.
We have helped employees across Australia, from Sydney to Perth, from Melbourne to Brisbane. We have answered hundreds of questions via email. We have seen what confuses people. And we have used that feedback to improve our calculator.
Our Commitment to Accuracy
Every calculation on this site is verified against ATO documentation. We use the statutory formula method for FBT. We apply the correct residual values from the ATO's prescribed rates. We include the Medicare Levy in marginal tax rates. We also account for the recent changes to electric vehicle FBT exemptions. If the government changes the rules, we change the calculator within days.
However, we are not financial advisors. We provide estimates, not guarantees. Your actual savings may vary based on your employer's policy, your specific lease contract, and your personal tax situation. We strongly recommend that you consult a qualified accountant or financial advisor before signing any lease agreement.
Help Us Improve
We are always looking for feedback. If you spot an error, or if you have a suggestion, please contact us. We read every message. Your input helps us make this tool better for everyone.
Thank you for visiting Novated Lease Calculator. We hope our tool gives you clarity and confidence. Drive well, save well.