Victorian Taxi Association – Industry Update

Subject: Industry update 9 October 2017- New low cost taxi licences available now

Licensing changes proclaimed
The changes to taxi and hire car licensing effected by the CPVI Act 2017 came in to effect today, Monday 9 October. This means that as of 12.01am this morning, all existing taxi and hire car licences will automatically be converted to the new taxi and hire car licence types, bringing an end to all existing assignment agreements by force of law.
It also means all taxis will have to abide by a uniform set of conditions, for example, peak service licences are automatically converted to standard taxi licences.
More information can be accessed via the TSC eNews.
New licence certificates with conditions will be automatically be issued with the registered operator of all existing taxis and hire cars, beginning Tuesday 10 October. It is anticipated that all operators will have received their new certificates by the end of October.
Operators will not be required to pay anything until the 12 month anniversary of the date of proclamation (the licence gets a new ‘birth date’ being the date of proclamation).
The public register will soon return to normal operation.
New low cost taxi and hire car licences now available
Ealier this morning, the TSC announced that new low-cost taxi and hire car licences are now available.
Information on new taxi and hire car licences is available on the TSC website here.
A few key points to note:
• The annual rate for a new taxi or hire car licence is $52.90 per annum
• An updated licence application form can be downloaded from the TSC website here
• A new online application system for licences will become available on the TSC website in the coming weeks
• One significant change to the process is that applicants will be required to nominate the vehicle they intend to use at the time of application
People wishing to apply for a hire car licence have until 31 December 2017 to submit an application with the Taxi Services Commission. While industry reforms are being implemented, all hire car vehicles (licenced or unlicenced) must ensure they meet industry standards including roadworthiness, or risk fines and penalties.
Existing licence holders need not reapply for a new licence.

ATO update
The VTA has received and provided feedback on draft ATO factsheets regarding tax treatment on both Transition Assistance and Fairness Fund payments.
We have urged the ATO to finalise this advice as soon as possible to allow it to be distributed to the industry. We will circulate via email and make them available on our website as soon as they are confirmed.

Email: admin@victaxi.com.au
Telephone: (03) 9676 2635
Address: Suite 2, 85 Salmon Street
Port Melbourne VIC 3207

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