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  • What is a taxi licence?
  • Taxi licence as an unique investment
  • Assignment of a taxi licence
  • Tax matters
  • Taxi licences; secured investment
  • What else do I need to know before I buy a taxi licence?
  • What should I do now?
  • We provide convayancing services for taxi licence transfer
  • Managing your taxi licence investment
  • AMB Taxi Brokers is the best solutuons for your taxi licence investment.
  • AMB Taxi Brokers Management Fee
  • Annual return from assignment of a taxi licence
  • Looking to buy a Taxi Plate and need to finance on it?
  • Capital Gain on Melbourne Taxi Licences
  • Additional cost of purchasing a Melbourne Taxi Licence
  • Cost of purchasing a Melbourne Taxi Licence
  • Is there any ongoing payments on Melbourne Taxi Licence?
  • Where do I start to become a Melbourne taxi licence holder?
  • Is wheel chair accessible cab licences M80's M50's good for investment?
  • How about financing Melbourne taxi licence
  • Unresricted Sydney taxi licence
  • How about accreditation to become a Sydney Taxi licence Holder
  • Are there costs I will need to cover in addition to the Sydney Taxi licence price?
  • Cost of purchasing a Sydney Taxi Licence
  • On going fee and charges on Sydney Taxi Licence
  • Documents required for the transfer of Sydney taxi plate.
  • Where can I go for Purchasing a Sydney taxi licence
  • How about financing Sydney Taxi Plate
  • Cost of purchasing a Perth Taxi Licence
  • Where do I start to become a Perth Taxi licence holder?
  • Are there costs I will need to cover in addition to the Perth Taxi Licence price?
  • How about financing Perth Taxi Licence




    Q: What is a taxi licence?
    What is a taxi licence?

    A: To ensure that the communities served by taxis receive quality and innovative taxi services at a reasonable cost, all state government regulates the taxi industry in their own state. Governments specified such items as areas of operation, the numbers of taxis in those areas, maximum fares, types of vehicle, and standards of service. A Taxi Service Licence (taxi licence) is a licence issued by Department of Infrastructure that allows the holder to provide a taxi service in a defined area. The holder of the licence must hold Operator Accreditation (also issued by DPI) and be affiliated with a taxi network company holding a Taxi Service Accreditation or licence.
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    Q: Taxi licence as an unique investment
    What is a Taxi Licence?


    A: You need a taxi licence to run a taxi and these licences can be transferred and hold a capital value. Although the licence has a term, renewal is automatic and the licence is effectively perpetual. Someone other than the owner can run the taxi that operates on a licence, which makes a taxi licence a passive or semi-passive investment opportunity.

    AMB Taxi Brokers offers leading skills in Taxi Management and with Taxi Operating, as well as assured support with aid for financing and consulting for all your Taxi needs. The experienced Taxi drivers on staff can understand and handle all your concerns and needs while remaining neutral, to professionally manage Taxi licenses for investors in all states.
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    Q: Assignment of a taxi licence
    How does a taxi licence earn an income (without me driving a taxi)?


    A: There are two ways to generate an income from a taxi licence: leasing and operating (management). Either method is currently returning between 6.5% to 8.5% P/A before tax, all depend on which state. This is assessing only income, and does not assess any capital gain that may be made.
    Taxi Licence Leasing: Leasing a taxi licence is a passive investment. The licence owner leases their licence to a Taxi Fleet Company or individual operator who provides and owns the taxi cab. The licence owner has no involvement in the running of the taxi cab operation. The current lease price for a Taxi Licence for a regular cab in Melbourne is $2,200.00, in Sydney $2,400, in Adelaide $2,000, in Brisbane $2,000, in Perth $1,538 pcm plus GST. You can always call our AMB taxi broker on 1300 262 262 for more information.
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    Q: Tax matters
    Capital Gains Tax?

    A: The capital gain available on a taxi licence has historically been one of its most attractive features as an investment, but since 1985 the introduction of Capital Gains Tax has introduced challenges for many investors. There are a range of concessions on Capital Gains Tax available to the owners of an active asset (a business). Using the Active Asset concession on top of the normal discount to an individual or trust can see the taxable amount reduced by 75%. The tax on this capital gain can be further deferred or eliminated entirely depending on the circumstances of the owner (e.g rollover into super fund).
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    Q: Taxi licences; secured investment
    How secure is my investment?

    A: All State Governments have always supported regulation of the taxi industry and this is supported by the recent National Competition Policy review. Taxi transport is very competitive and competes with all forms of public transport. Additionally most capital cities throughout Australia have competition within the industry as metropolitan taxi companies compete for a share of the market.

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    Q: What else do I need to know before I buy a taxi licence?
    What else do I need to know before I buy a taxi licence?


    A: Each state has different rules and regulations; and in some cases you need to obtain an operator certificate or accreditation to become a licence holder. Yet in all states it is common, subject to the granting of Operator or holder Accreditation, any person, partnership, company, trust or superannuation fund can own a Taxi Licence.
    State Licence Holder Accreditation Requirements
    Melbourne Metro:
    Yes (3 Days Course, Current Police Search and accreditation application)
    Sydney Metro:
    No police search or accreditation required.
    With AMB taxi brokers we will assist to lodge your application. We will also follow the transfer application hassle free and at no extra cost.
    Perth Metro:
    No accreditation but police search required
    Adelaide:
    Yes, accreditation application required
    Brisbane:
    Yes Accreditation application required.

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    Q: What should I do now?
    What should I do now?

    A: AMB Taxi Brokers management will assist you with purchasing your taxi licence. Please email us at admin@ambaustralia.com.au for any further assistance. Alternatively you can contact our office by phone on 1300 262 262 or fax (03) 9387 1262.
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    Q: We provide convayancing services for taxi licence transfer
    I found a licence from the market, but I would like to get your assistance for the application of transfer the taxi licence. Do you provide a conveyancing services?

    A: Yes, our firm is an accredited taxi broker. We have a professional indemnity insurance and trust account which is audited annually. Therefore the most safety way to use an accredited broker.


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    Q: Managing your taxi licence investment
    Who will manage taxi licence?

    A: One of our services is taxi management. That means we will review 6 monthly or annually your assignment price. We will also collect to your assignment fee from your operator and pay to our investors directly from our trust accounts.
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    Q: AMB Taxi Brokers is the best solutuons for your taxi licence investment.
    Why is AMB Taxi Brokers the best solution for my taxi investment management?

    A: We are the only independent broker therefore there is no conflict of interest. As a result, market (demand & supply) decides what the best price of licences and assignments is. We always get the highest return for your investment.

    We always pay on time. Whether your assignee pays or not you will receive your assignment fee on same day of every month. Our commitment to licence holders is pay on time.

    Absolutely hassle free. You don't have to worry about;
    How much you should ask for review of your assignment
    Who is operating your licence?
    Is your operator accredited?
    Is you operator financially capable to pay your assignment fees on time?

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    Q: AMB Taxi Brokers Management Fee
    How much is AMB Taxi Brokers Management Fee?

    A: Our management fee Perth Adelaide & Brisbane is $55 Melbourne $77.00 and Sydney $88 including GST. This amount is deducted monthly from your assignment income.
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    Q: Annual return from assignment of a taxi licence
    What would be my anticipated return on a
    licence?

    A: Anywhere not less than 6%, but some states goes up to 10.65%

    For example October 2014 market conditions were:

    Melboune Taxi Licence, return of around 8.12%
    Sydney Taxi Licence, return of around 7.68%
    Perth Taxi Licence, return of around 6.25%
    Adelaide Taxi Licence, return of around 6.12%
    Brisbane Taxi Licence, return of around 6.43%

    For more information about current market prices you can always call us 1300 262 262 or visit our classifieds page on http://ambtaxi.com.au/classifieds/default.asp
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    Q: Looking to buy a Taxi Plate and need to finance on it?
    Looking to buy a Taxi Plate? Or already own one and need finance against it? AMB Finance Brokers have many taxi finance options for whether you are a owner driver or an investor.

    A: AMB Finance Brokers can help you purchase a taxi plate or use an existing plate as collateral for any financial purpose.

    Competitive variable interest rate and establishment fees.

    Available for Sydney Melbourne and Perth and some country towns. Unrestricted Taxi Plates with fast approval.

    No monthly account keeping fees or ongoing annual fees.

    Flexible repayments with the option of making additional repayments at no charge to help you pay off your loan sooner.

    No early repayment fees or fees for making a lump sum payment to your loan. Redraw options are available.

    Use a taxi plate as stand-alone security for a loan or combine it with other assets you own.

    Flexible Loan structures to suit you best,
    including Principal and Interest, Interest Only, Variable or Fixed Loans.

    Also finance is available for High Occupancy Vehicles in Victoria, and some country licences

    For more information please call AMB Taxi Finance brokers on 1300 262 262 or visit our web site ambfinance.com.au.
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    Q: Capital Gain on Melbourne Taxi Licences
    Is there any figure that shows annual price increase on Melbourne Taxi Licences?

    A: In 1989, the average licence value was $123,267. By last year it had reached $300,000 — an average increase of 4 % a year, above the inflation rate for that period.
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    Q: Additional cost of purchasing a Melbourne Taxi Licence
    Are there any costs which will need to cover in addition to the Melbourne taxi licence price?

    A: Buyer (Purchaser) Part
    $ 172.40.00 Transfer Fee
    $ 350.00 Broker Fee That may change on market conditions
    Plus $ Purchase price

    Note : There is no stamp duty in Victoria
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    Q: Cost of purchasing a Melbourne Taxi Licence
    What does a Melbourne Taxi Licence cost?

    A: Current Average market price is $310,000 (October 2014)

    You can always call on 1300 262 262 for our current listing or simply visit on http://ambtaxi.com.au/classifieds/default.asp

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    Q: Is there any ongoing payments on Melbourne Taxi Licence?
    Is there any ongoing payments on Melbourne Taxi Licence?

    A: $ 542.00 Annual licence fee





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    Q: Where do I start to become a Melbourne taxi licence holder?
    Where do I start to become a Melbourne taxi licence holder?

    A: To become a Melbourne taxi licence holder, from 1st July 2014 you do not required to be accredited.

    We would highly recommend before you do any decisions, come see one of our broker to discuss all aspects of licence ownership and whether it will suit your individual conditions and expectations. We will discuss at this meeting;
    -Regulation
    -Cost
    -Financing advice by our Finance Brokers
    -Tax and Legal Matters
    -Return (Lease income)

    Contact AMB Taxi Brokers on 1300 262 262 make an appointment!

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    Q: Is wheel chair accessible cab licences M80's M50's good for investment?
    Can investor buy M80 HOV taxi licence for investment purpose?

    A: Most of those licences can be leased to another operator. That means yes, they can be purchased by an investor. But please check for any restriction with Taxi Services Commission or AMB taxi brokers before you sign any contract.
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    Q: How about financing Melbourne taxi licence
    How much are the banks lending against Melbourne Taxi Licence?

    A: AMB Taxi & Finance brokers have full range of Commercial lending products from major banks. We can arrange up to 70% against your Metropolitan Taxi licences, that means minimum $110,000 deposit is required. Nevertheless if you have a mortgage loan and equity could be less then $100,000 some banks would still considered. For more information please call AMB Finance Brokers on 1300 262 262 or visit www.ambfinance.com.au
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    Q: Unresricted Sydney taxi licence
    What does ‘unrestricted taxi licence’ mean in Sydney?

    A: Metropolitan area and no time limit restricted which is recommended to investors.
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    Q: How about accreditation to become a Sydney Taxi licence Holder
    Do I need to be accredited to become a Sydney licence holder?

    A: No accreditation nor police checks are required. All you need is to apply for a customer number. Once obtained you can purchase a licence or it can be done together with the transfer application.
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    Q: Are there costs I will need to cover in addition to the Sydney Taxi licence price?
    Are there costs I will need to cover in addition to the Sydney Taxi Licence price?

    A: Buyer (Purchaser) Part
    $12,365 Stamp Duty(Approximately; depends on purchase price calculated of $375,000)
    $ 1,100 Broker Fee That may change on market conditions
    Plus Purchase price
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    Q: Cost of purchasing a Sydney Taxi Licence
    What does a Sydney Taxi Licence cost?

    A: Current Average market price for Sydney Taxi Licence is $375,000 (October 2014)

    You can always call on 1300 262 262 or for our current listing simply visit http://ambtaxi.com.au/classifieds/default.asp
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    Q: On going fee and charges on Sydney Taxi Licence
    Is there any ongoing payments on Sydney Taxi Licence?

    A: There is no ongoing (or outgoing) fees on your Sydney Taxi Licence. Therefore all your lease (assignment)income will be your net income before tax.
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    Q: Documents required for the transfer of Sydney taxi plate.
    What sort of documents are required for my transfer of Sydney taxi licence application?

    A: Certified 100 points ID for each applicant.
    Application forms for transfer and management.

    Our office will prepare all necessary documents without any hassle from preparation of Contract through to settlement.

    For more information you can also visit NSW Ministry of Transport website.
    http://www.transport.nsw.gov.au/taxi/
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    Q: Where can I go for Purchasing a Sydney taxi licence
    How do I go about purchasing a Sydney metropolitan taxi licence?

    A: If you are interested in applying for a Sydney taxi licence, please contact our office for the latest information and the market condition.
    Office Location:

    AMB Taxi & Finance Brokers
    AMB Australia Pty. Ltd.
    297 Sydney Road
    BRUNSWICK 3056

    Postal Address:

    AMB Australia Pty. Ltd.
    PO Box 362
    BRUNSWICK 3056

    Telephone: 1300 262 262
    Facsimile: 03 9387 1262
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    Q: How about financing Sydney Taxi Plate
    How much are banks lending against Sydney Taxi Plate?

    A: AMB Taxi & Finance brokers have full range of Commercial lending products from major banks. We can arrange up to 280,000 against your Sydney Taxi Plate. For more information please call AMB Finance or visit ambfinance.com.au
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    Q: Cost of purchasing a Perth Taxi Licence
    What does a Perth Taxi Licence cost?

    A: Current Average market price is $295,000 (October 2014)

    You can always call on 1300 262 262 or for our current listing simply visit http://ambtaxi.com.au/classifieds/default.asp
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    Q: Where do I start to become a Perth Taxi licence holder?
    Where do I start to become a Perth Taxi licence holder?

    A: Basically there is no accreditation or course required to become a Perth Taxi licence holder. Still we need to lodge an application to Department of Transport together with your police check.

    Nevertheless, our office can handle from preparation of the contract of sale through to settlement preparations.

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    Q: Are there costs I will need to cover in addition to the Perth Taxi Licence price?
    Are there costs I will need to cover in addition to the Perth Taxi Licence price?

    A: Buyer (Purchaser) Part
    $10,165 Stamp Duty(if transfer cost $300,000;
    $7,000 Transfer Fee
    $2,000 Broker Fee That may change on market conditions
    Plus Purchase price
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    Q: How about financing Perth Taxi Licence
    How much bank are lending against Perth Taxi Licence?

    A: AMB Taxi & Finance brokers have full range of Commercial lending products from major banks. We can arrange up to 170,000 against your Perth Taxi Plate. For more information please call AMB Finance on 1300 262 262 or visit ambfinance.com.au
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