With Novated Lease
Without Novated Lease
Gross salary
$
$
Less: Salary sacrifice amount
-$
$
Taxable income
$
$
Less: Tax including medicare levy
-$
-$
Income after tax and medicare levy
$
$
Less: Car expenses payable
$
-$
Less: After-tax contributions
-$
$
Net disposable income
$
$
