Pay · one employer
Novated lease
Why this matters. A car through salary packaging changes the pre-tax and post-tax amounts. This page runs the amounts you type through the resident tax sketch. It does not decide fringe benefits tax, and it does not say a car is cheaper.
The packaged dollars come off one employer’s salary. The tax rate is on your total income. An employer share, if the quote has one, is taken out of the saving.
You keep
$8,460FY2026–27
Tax saved $8,460 − employer share $0
About 47% in the dollar on the last dollar of total income, including the 2% Medicare levy. You do not need the hospital salary alone to be in the top bracket. You do need the hospital salary to cover the packaged amount.
Tax before $144,470. Tax after packaging $136,010. Income tax and the 2% levy only.
NSW Health note on the share of savings ↗
Next: Salary packaging — The living-expense cap is a different package.
What doctors often miss
The sketch runs the pre-tax and post-tax amounts you type through resident tax rates. It does not apply fringe benefits tax or decide an electric-vehicle exemption.
Included / Not included
Included
Not included
- FBT on the car, employee contribution method, and GST
- A novated lease quote
- Electric-vehicle FBT exemption as a conclusion
- Comprehensive insurance, stamp duty on the car, and inflation, unless they are inside the amounts you type
Assumptions you can edit are the inputs on this page. This is a model, not a prediction, a tax assessment, or a recommendation.
A rough figure — not advice. Terms
Also
Advertisement — labelled, never inside the number.