Today, following public consultations which concluded on 27 May, the NTA Board met to consider the proposed National Maximum Taxi Fare increase and Small Public Service Vehicle (Cashless Payment Facility) Regulations.

The Board approved both the proposed increase of the National Maximum Taxi Fare and the Small Public Service Vehicle (Cashless Payment Facility) Regulations. The 2022 Maximum Fare increase is a weighted average of 12% to reflect the increase in operating costs faced by taxi drivers, together with the introduction of the cashless payment facility mandate. The cashless payment facility regulations will make it mandatory for all taxis to have an in-taxi point of sale cashless payment device and for cashless payments to be accepted for taxi journeys when requested by customers.

Both will be introduced in parallel and will take effect from 1 September 2022