What happens when an employee who is packaging a novated lease leaves our organisation?
Novated Leasing
Maxxia makes it easy for employers when an employee leaves. We ask the employee to talk directly to Maxxia about anything they need. It's the employee's job to tell Maxxia if they are leaving, not the employers.
An employee who is leaving can call our Customer Care Centre on 1300 123 123 or email [email protected] as soon as they know they will be ceasing employment. Maxxia will do the rest.
This includes reconciling the account to ensure that any surplus or deficit is identified, and the correct Fringe Benefits Tax has been calculated and properly charged.
Disclaimer: 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. Employers should independently consider whether a benefits program is appropriate for their organisation and seek advice where appropriate. Conditions and fees apply, along with credit assessment criteria for lease and loan products. The availability of benefits is subject to your organisation’s approval. Maxxia may receive commissions in connection with its services. Maxxia does not act as your agent or representative (or provide you with any advice or recommendations) in respect of the purchase of any vehicle.