Bolt, Kenya’s leading ride-hailing platform, has introduced Value Added Tax (VAT) for its drivers, aligning with the VAT (Electronic, Internet and Digital Marketplace Supply) Regulations of 2023. Bolt’s commission will now attract VAT at a rate of 16%.
Over the past 15 months, Bolt has absorbed the VAT obligation on behalf of its drivers, ensuring their earnings remained unaffected during a period of adjustment.
With regulatory clarity now in place, and following guidance from the Kenya Revenue Authority (KRA) and the National Transport and Safety Authority (NTSA) we have decided to introduce the VAT obligation.
This step reflects Bolt’s ongoing commitment to regulatory compliance and responsible business operations within the Kenyan digital economy.
“Our focus remains on compliance, fairness, and sustainability,” said Dimmy Kanyankole, General Manager, Bolt Kenya and Tanzania. “We are committed to supporting our drivers through this transition and will continue to engage them through awareness and education and offering them opportunities to ensure they maximise their earnings.”
