There are numerous studies that show that fires in EVs are no more likely to occur than fires in Internal Combustion Engine Vehicles (ICEVs). Australian fire and rescue organisations do not treat EVs as any more dangerous than ICEVs. All vehicles sold new in Australia, including EVs, must adhere to strict Australian Vehicle Standards Rules.

Yes, however EVs that have the ability to tow are limited by both model type and towing capability. We anticipate this to evolve over time as EV technology improves. In the meantime, we recommend discussing any towing requirements you may have with your Maxxia consultant or dealer before committing to a novated lease on the vehicle.

We recommend you visit the website of the Electric Vehicle Council of Australia; they are the national body that represents the electric vehicle industry in Australia. The Australian Government’s Green Vehicle website also has valuable information on the environmental performance of light vehicles sold in Australia. And, of course, we are here to help answer any of your questions.

Fringe Benefits Tax (FBT) is a tax which is applied to benefits you receive from your employer that are not in the form of cash salary or wages. For example, a novated lease is a benefit outside your cash salary or wages – so it is subject to FBT. As of the 1st April 2017, the FBT rate is 47%.

Not at all. If you're happy with your comprehensive insurer we simply budget for the annual premium and put that money aside so you can make the most of your pre-tax benefits.

With a fully-maintained lease, Maxxia can help to arrange your insurance at competitive rates. We offer the following insurance products:

If you work in the public health or charity industry, you will notice that benefits may be ‘capped’ or ’above the cap’ – depending on the expense type and sector you work in.

Most above-the-cap benefits – such as novated leasing a vehicle, work-related devices, self-education and additional superannuation payments – have no limit and do not incur FBT.

Salary Packaging Cap limits are set by the Australian Taxation Office, and specify the amount of before-tax money you can use for certain items each FBT year.

If you salary package capped benefits over your cap limit, FBT will be applied to the expenses – and you could pay tax on the extra.

The FBT cap you can salary package up to depends on the industry you work in.

In exchange for managing your salary packaging account, we charge an administration fee that is dependent on the benefit and agreed upon with your employer.

No matter how many hours you work or your employment status – full-time, part-time or casual – if you’re paying income tax and your employer offers salary packaging, you could be eligible.