Taxi Fares to Increase from January

Changes implemented to the Georgian Tax Code from January 1st have meant that Georgia has seen an increase in the excise tax on fuel and motor oils for vehicles, as well as an increase in prices for taxi services.

Company Taxify informed its customers via e-mail that from January 6th, the taxi tariff would increase by 10 Tetri. Where before the journey tariff was 50 Tetri per kilometer, it is now 60 Tetri per kilometer. The price for waiting has also increased from 10 to 12 Tetri per minute.

“The changes also affect taxi fares,” the head of City Taxi, Nikoloz Tkeshelashvili, told Businesspressnews. “The cost of travel has increased by 8 Tetri per kilometer and it is possible there will be a further increase by 2-4 Tetri. As for the fixed tariffs, since January 1st, there has been an increase in fares from 50 Tetri to 1 GEL. Where a journey cost 3 GEL, today it costs 3.50; where the price for a long-distance journey was 7 GEL, now it is 8 GEL.

According to Tkeshelashvili, the growth in rates will have a negative effect on every taxi company and will negatively impact customer satisfaction. He says it is hard to forecast further changes in taxi fares.

Natia Liparteliani