Q: What is a taxi licence?
What is a taxi licence?
A: To ensure that the communities served by taxis receive quality and innovative taxi services at a reasonable cost, all state government regulates the taxi industry in their own state. Governments specified such items as areas of operation, the numbers of taxis in those areas, maximum fares, types of vehicle, and standards of service. A Taxi Service Licence (taxi licence) is a licence issued by department of infrastructure that allows the holder to provide a taxi service in a defined area. The holder of the licence must hold Operator Accreditation (also issued by DPI) and be affiliated with a taxi network company holding a Taxi Service Accreditation or licence.
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Q: What is the taxi licence in other words?
What is the taxi licence in other words?
A: You need a taxi licence to run a taxi and these licences can be transferred and hold a capital value. Although the licence has a term, renewal is automatic and the licence is effectively perpetual. Someone other than the owner can run the taxi that operates on a licence, which makes a taxi licence a passive or semi-passive investment opportunity. Though there are many conditions to holding a taxi licence, AMB Taxi Brokers
AMB Australia offers leading skills in Taxi Management and with Taxi Operating, as well as assured support with aid for financing and consulting for all your Taxi needs. The experienced Taxi drivers on staff can understand and handle all your concerns and needs while as remaining neutral, to professionally manage Taxi licenses for investors in all states.
Q: How does a taxi licence earn an income (without me driving a taxi)?
How does a taxi licence earn an income (without me driving a taxi)?
A: There are two ways to generate an income from a taxi licence ? leasing and operating (management). Either method is currently returning between 5.5% up to 8.5% per annum before tax, all depend on of couse which state. This is assessing only income, and does not assess any capital gain that may be made. Taxi Licence Leasing Leasing a taxi licence is a passive investment. The licence owner leases their licence to a Taxi Fleet Company or individual operator who provides and owns the taxi cab? the licence owner has no involvement in the running of the taxi cab operation. The current Lease price for a Taxi Licence for a regular cab in Melbourne $2,600.00, in Sydney $2,400, in Adelaide 2,000, in Brisbane $2,000, in Perth $1,538 pcm plus GST. You can always call our office on 1300 262 262 for more information.
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