From 1st February 2018 Nsw Govt. have introduced $1.10 got inclusive passenger service levy.
What is the Passenger Service Levy?
From 1 February 2018, authorised taxi service providers and booking service providers will be liable to pay a temporary levy of $1 per trip. Payment of the levy is a condition of authorisation.
The levy will be in place for up to five years to help fund the NSW Government’s industry adjustment assistance package of up to $250 million, designed to help taxi and hire car licence holders adjust to the industry changes.
The levy is payable by taxi service providers and booking service providers, including taxis, hire cars, rideshare and others providing passenger services for a fare in vehicles with 12 seats or less (including the driver).
This means there is a level playing field across industry when it comes to accounting for the levy in business planning.