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.