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New DVSA Financial Requirements

There are new Financial Standing requirements starting from 1st January 2021. All new Operator Licence & Major Change applications considered after this date with need to show financial standing below:

Restricted Operators Licence:

First Vehicle: £3,100 / Each vehicle thereafter: £1,700

Standard National & International Licence’s:

First Vehicle: £8,200 / Each vehicle thereafter: £ 4,550

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