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What is Novated Leasing and is it Right for Me?

If you’re in the market for a new car, you may be considering finance options like taking out a personal loan or drawing down on your mortgage. But have you considered a novated lease? A novated lease

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Bundle Your Car Costs in a Tax-Effective Way

No one likes paying more tax than they have to, that is one of the reasons thousands of Australians have turned to novated leasing when it comes to getting into a brand new or used car. Novated leases

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Melbourne VIC 3000

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Things you need to know: Maxxia is an approved novated lease supplier on the NSW Health Administration Corporation Novated Leasing Panel. Maxxia is one of three approved suppliers of Novated Leases to NSW Health. This general information doesn’t take your personal circumstances into account. Please consider whether this information is right for you before making a decision and seek professional independent tax or financial advice. Conditions and fees apply, along with credit assessment criteria for lease and loan products. The availability of benefits is subject to your employer’s approval. Maxxia may receive commissions in connection with its services. Actual vehicle prices are based on specific vehicle and accessories, prices and savings may vary based on additional options selected with vehicle. Maxxia does not act as your agent or representative in respect of the purchase of any vehicle. Maxxia does not provide any advice or recommendations in relation to the purchase of any vehicle. Any FBT liability incurred as a result of Novated Leasing Agreements will be the employee’s responsibility. All calculations are for illustrative purposes only and are based on the income tax rates for the 2024/25 financial year. The 50% rate for Share of Savings has been applied for all saving examples. As per your employer’s policy, your savings from salary packaging will be shared with your employer. Share of savings will be automatically applied to your salary packaging arrangement. Please contact your salary packaging administrator to confirm the share of savings rate that applies to you. Your actual savings will depend on your income tax bracket, the GST processing method nominated by your employer, administration fees payable under your employer’s salary packaging plan and your personal circumstances.