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Will taxi principal hirers who participate in the Drive and Save (DAS) Scheme have their Taxi Driver Vocational Licence (TDVL) be automatically renewed?

Updated by CPF
No, Taxi Driver Vocational Licences (TDVL) will not be automatically renewed upon participation in the Drive and Save (DAS) Scheme.
 
Taxi principal hirers must have fully paid their MediSave payable or are making monthly payments via GIRO to renew their TDVLs.
 
MediSave contributions1 and co-contributions from taxi operators will offset mandatory MediSave contributions under the Self-Employed Scheme.
 
1 Taxi principal hirers may make MediSave contributions as self-employed persons via Manage your MediSave payable or GIRO.

This information is sourced from CPF.

Topics:

Employer - Business PartnersDrive and Save Scheme

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