A National Maximum Taxi Fare Review is carried out by NTA approximately every two years to allow adjustments for changes in taxi operating costs and in the market facing the taxi industry. The 2019 Review commenced this month.
The objectives of the National Maximum Taxi Fare Review are to:
- Estimate the average activity level of taxis in a year based on driver and consumer survey data, research results and Central Statistics Office (CSO) data;
- Update each element of the Taxi Cost Index (TCI), the fixed cost and running costs of an average taxi based on activity levels and labour costs; and
- Determine whether the National Maximum Taxi Fare should change.
A confidential telephone survey of approximately 500 drivers nationwide will be completed in the coming weeks as part of this National Maximum Taxi Fare Review. This short survey will provide information in the areas of insurance and other operating costs, together with current taxi usage.
NTA appreciates the time, assistance and information provided by the industry in this initial part of the Review which is expected to conclude towards the end of the year.