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ON THE ROAD NEWS

Traffic Commissioner confirms 2018 financial standing levels for O-Licence holders

Dec 13, 2017
The financial standing rates for operator licence holders and applicants have been confirmed by the Office of the Traffic Commissioner.

Restricted
£3,100 for the first vehicle and £1,700 for each additional vehicle.

Standard
£7,950 for the first vehicle and £4,400 for each additional vehicle.

Applicants and existing operators will be asked to produce evidence meeting the revised criteria in preparation for the 1 January, 2018 deadline, when the new financial standing levels come into force.

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