CAR BENEFIT CALCULATOR
This calculator was originally designed for Australian use. It will help you to estimate the value of a Car Fringe Benefit within any given
salary package. Alternatively, it can be used as a budgeting tool to work out how much an employee has to allow in their package for a car.
- Enter the purchase price of the car.
- Check that all Assumptions and FBT Rates are correct. If you wish to analyse a different scenario, you may change any of the default values
- Click once in the "Total Cost" box to calculate your result.
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- Annual cost
This amount is the annual cost of the vehicle before FBT. It will be particularly relevant if the vehicle is exempt from FBT or the employer decides not
to charge FBT to the employee's package.
- Total Cost
This amount is the annual cost of the vehicle plus FBT.
- Default Values
These values are defined in legislation or applicable rulings, otherwise they are based on industry averages.