- Bolt drivers will earn less due to a 16 percent VAT being passed on to them.
- The change aligns with the VAT regulations of 2023.
- Bolt previously absorbed the VAT for 15 months to protect driver earnings.
Source: the-star.co.ke
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Kenya"
- Kenyan High Court Exempts Pesapal from $500k VAT, Setting Fintech Tax Precedent
- Pesapal Wins Court Ruling: Digital Payment Services Exempt from VAT in Kenya
- Uber to Issue Electronic Tax Invoices for Rides in Kenya Under New KRA Rules
- Kenya Enacts Tax Procedures Amendment Act 2024: Key Changes and Implementation Dates
- KRA to Integrate eTIMS and VAT Tools into GavaConnect, Engaging 1,000 API Developers
