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What is Telecommunications Development Levy mean?
The Telecommunications Development Levy (TDL) is a levy on telecommunications companies in New Zealand, which funds various infrastructure and services which otherwise would not be available at an affordable price. It is payable by telecommunications firms with an operating revenue of over $10 million, in proportion to their qualified revenue.
As of October 2020, the TDL was $10 million annually to be dispersed between applicable providers.
The Telecommunications (Development Levy) Amendment Bill extended the $50 million level of the TDL until 2018/2019 to support the second stage of the rural broadband initiative. In May 2015, the Telecommunications Forum (TCF) expressed concern about the way in which the Government had passed legislation regarding the TDL under urgency. Spark was also concerned about the extension of the $50 million level of the TDL, and said it was considering adding an item on its customers' bills laying out the impact of the TDL on their prices.
The levy adds about $1 per month to a typical broadband or mobile phone bill.
referencePosted on 26 Nov 2024, this text provides information on Miscellaneous in Community related to Community. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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