GRT

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What are the current operator licence finance levels?

Operator licence finance levels are adjusted on an annual basis. As of January 2018, for a Standard type licence, you must show financial standing of £7,950 for the first vehicle and £4,400 for each additional vehicle. For example, if you apply for a three vehicle licence, you must have available resources of £16,750.

For Restricted licences, you must show £3,100 for the first vehicle and £1,700 for each additional vehicle. Again, as an example, a two vehicle licence would require financial standing of £4,800.