Pco Operator LicenceOperator license Pco
Confirmation by Deutsche Leasing of changes in license fee for privately owned landlords
It has been acknowledged by Transmission for London (TfL) that changes will be made to the charges levied by landlords for the costs of licence, regulatory clearance and enforcing activities. New charges more closely mirror the necessary regulatory resource for companies, depending on the scale of their business. In the capital, the volume of privately hired cars has increased from 65,000 in 2013/14 to more than 116,000 today.
During the same time, the number of cars rose from 50,000 to 88,000. As a result of this economic development, the financial burden of securing that privately owned landlords meet their licence requirements and of combating illicit activities to ensure passenger safety has risen significantly. Estimates are that over the next five years alone implementation fees will amount to 30 million, compared to an earlier estimation of 4 million pounds.
Estimated overall expenses for licences, enforcements and adherence to regulations for cab and residential rentals over the next five years are £209 million. Legislation allows the coverage of expenses related to license, regulation and assertion activities under the license fees procedure. The entire amount of cash produced by the trial must be used for this action.
The Mayor' s action plan for taxi and personal rentals sets out that revenue from operator licence fee payments will be used to help finance 250 additional compliance officers, most of whom are already in office. So far, a "small" operator with no more than two vessels would cost 1,488 and a "normal" operator - with more than two vessels, regardless of the scale of its fishing fleets - would cost 2,826 pounds for a five-year licence.
A new charging scheme agreed by the TfL Finance Committee will supersede the current two levels with eight, varying from 2,000 for a five-year licence for people with 10 cars or less to 464,000 pounds per year for the biggest operator. In this way it would be ensured that the licence fees paid by individual landlords reflect the cost of conformity according to the size of each operator.
Recently, the Transparency Council took note of the changes and heard feed-back showing that the initial proposal discriminated against small and medium-sized carriers and has now introduced extra fee bands. 7. In order to further assist companies that are already doing well, it has also provided for the possibility for airlines to charge in the six biggest category in the form of yearly payments.
In the capital there are around 2,400 privately owned landlords. Almost half have 10 or fewer cars, with only five percent of businesses responsible for over 100 carriages. General Manager of Taxi & Private Hire Helen Chapman said: "In recent years the sector has grown rapidly and it is only reasonable that the licence fees reflect the cost of regulatory and enforcing measures.
The security of Londoners is TfL's top security concern, and the change in charges will help us finance extra regulatory ombudsmen who have an important role to play in combating illicit and hazardous activities. We have heard the opinions of those involved in the consultations and changed the charging system to give small and medium-sized companies more flexible management of their fleet.
The Finance Committee also adopted amendments to the licence fee for cabbies, cabis, individual rental operators and individual rentalers. All of these charges were suspended last year (2016/17).