Novated Leasing

Novated Lease FBT & Tax Reporting

FBT reporting in Catch-e's novated leasing software calculates fringe benefits tax by both the statutory and operating-cost methods, applies employee contributions to bring it to nil, and produces year-end reporting per vehicle.

  1. FBT calculation
  2. ECM
  3. Year-end

Why teams choose Catch-e

One system of record

Fleet, novated leasing and salary packaging on a single platform, no stitched-together tools.

Compliance built in

ATO-aligned FBT governance and audit trails on every contract, quote and payment.

Proven at scale

92,078+ active contracts, 20+ years in production and 99.96% platform uptime.

Fits your stack

Integrates with payroll, banking, accounting and servicing, and hosted in Australia.

FBT calculation

FBT calculation support

Catch-e values the car fringe benefit under both the statutory formula and the operating cost method, taking the base value and the vehicle’s actual usage into account, then applies the method that produces the lower taxable value.

  • Statutory formula on base value at the 20% rate
  • Operating cost method from running costs
  • Days-available and part-year proration handled
  • Lower-value method selected and shown side by side
Taxable valueSTATUTORY
Statutory formula
$10,576
base × 20%
Operating cost
$11,940
cost × 62% priv.
Statutory basis
Base value (GST incl.)$52,880
Statutory rate20%
Days available365 / 365
Taxable value$10,576
LOWER METHOD USED
ECM

Reducing FBT to nil with the Employee Contribution Method

Post-tax contributions are collected each pay to match the taxable value, reducing the residual taxable value, and the FBT liability, to nil. Catch-e sizes the contribution and splits pre-tax and post-tax deductions automatically.

  • Post-tax contribution sized to the taxable value
  • FBT liability reduced to nil, avoiding an FBT bill
  • Pre-tax and post-tax deduction split per pay cycle
  • Recalculated whenever the taxable value changes
Employee Contribution MethodFBT NIL
Taxable value offset
$4,981
FBT if unfunded
$0
FBT after ECM
Taxable value$10,576
Post-tax contribution$10,576
Residual taxable value$0
FBT payableNil
FBT neutralised
POST-TAX · PER PAY
Year-end

FBT year-end reporting

At the 31 March FBT year-end, Catch-e produces reporting relevant to each vehicle’s usage and value, feeding the FBT return and the reportable fringe benefits amount for employee payment summaries, with the ECM offset carried through.

  • Aligned to the 1 April – 31 March FBT year
  • Per-vehicle taxable value and usage roll-up
  • Reportable fringe benefits amounts grossed up correctly
  • Feeds the FBT return and payment summaries
FBT year-end · FY261 APR – 31 MAR
March 2026
12345678910111213141516171819202122232425262728293031
31 MarFBT year endsDONE
21 MayFBT return lodgedDONE
14 JulRFBA on payment summaryDUE
Reportable FB amount$0
RFBA
GROSS-UP × 1.8868

Ready to run novated leasing properly?

Novated lease programs carry real payroll, FBT and settlement obligations. Catch-e is the platform providers use to meet them across dozens or hundreds of employers.

MTARWEMPSC+19

Powered by 150+ years of combined industry experience.

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Five products covering the full operational surface of leasing and packaging programs.

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Payroll, banking, accounting, servicing and FBT, integrated with what you already run.

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