How much could a novated lease save you?
Enter the size and value of car you would like to lease along with your gross yearly salary to find out how much you could save by salary packaging a novated lease with Maxxia.
What are the benefits?
You could save on your car and running costs
You don't have to drive lots of KMs
Maxxia can help tailor a package to suit you
What's included in your lease.
The pre and post-tax funds you set aside each pay go toward the finance, running and servicing costs of your car.
Request a tailored novated lease quote.
Important information about calculations
All calculations on this website are for illustrative purposes only. The calculators are a model, not a prediction. Your actual savings may be higher or lower depending on your personal circumstances.
PAYG tax and Medicare levy rates effective 1 July 2014 have been used.
Novated leasing calculations assume the employee contribution method (ECM) has been used (pre and post tax funds). The estimated annual operating costs includes estimates of fuel, maintenance, tyres, registration, comprehensive insurance. NSW State Stamp Duty rates have been used.
If you are an employee of a public health, charity or not-for-profit organisation, the calculator results assume you are salary packaging a novated lease above your FBT exemption cap limit.
An indicative annual vehicle management service fee of $275.00 (incl. GST) has been included in your operating expenses. An indicative average administration fee of $220.00 has also been included. These fees will vary depending on your employer. Please refer to your employer's salary packaging policy for more information. A copy of the policy may be obtained from your employer or by contacting Maxxia on 1300 123 123.
The amount financed includes a finance establishment fee of $350.00 (incl. GST) which is charged by the financier.
GST of 1/11th is payable on your ECM contributions. Input Tax Credits (ie a refund of GST) may be paid to you as salary by your employer.
Tax, benefit & Medicare levy calculations are approximate, and assumes no other taxable income is received. HECS/HELP repayments and taxation surcharges are excluded.
You may not have to earn a lot to benefit from salary packaging
Most people can save tax by salary packaging a few everyday expenses. Discover how you could benefit too.
What are the benefits?
Simple to set-up - one call to Maxxia gets you started.
Pay less tax
Enjoy more disposable income
How does salary packaging work?
Depending on the industry and sector you work in, you could be eligible to pay for a range of expenses - such as additional superannuation contributions, laptop and tablet computers, and other work-related costs - with your pre-tax salary.
If you work in public health or a charitable organisation, you could also salary package items such as your mortgage or rent payments.