Many Australians researching salary packaging ask the same question: how accurate are novated lease calculators? The short answer is that calculators can be very accurate, but only when the assumptions are realistic and the tax settings are correctly applied. A novated lease is not just a repayment estimate. It is a tax structure involving pre-tax … Continued

One of the first things employees notice after setting up a novated lease is that their payslip looks different. Salary packaging payslip changes can feel confusing at first. Your gross income may appear lower, new deduction lines may appear, and your net pay may shift slightly. This does not mean you are losing money. It … Continued