We have updated our maximum fare schedule for taxis due to the government’s decision to introduce a commercial passenger vehicle levy.
Update to the maximum taxi fare schedule
On 16 May 2018, we updated our maximum fare schedule for taxis to account for the commercial passenger vehicle (CPV) levy. This update amends our previous maximum fare schedule for taxis which was published 17 October 2016.
In 2017, the Victorian Government made significant changes in the CPV industry. Taxis are one type of CPV. As part of the changes, the Victorian Government introduced a transitional assistance package for the existing taxi industry. A new CPV levy will fund this assistance package. All CPV service providers, including taxi service providers, will be required to pay the levy from 1 July 2018.
The maximum fare schedule allows taxi service providers to choose to absorb the cost of the CPV levy or pass it on to passengers by increasing their fares.
The maximum amount that may be passed on to passengers will be $1.10 per CPV transaction.
The CPV levy must be itemised on the receipt provided to the hirer of the taxi.
This update to the maximum fare schedule for taxis is separate to our 2018 review of maximum fares for unbooked CPVs. We will release a draft decision for that review in June.